RECOMMENDATIONS FOR IMPROVEMENT OF POLITICAL PARTY FINANCING IN BiH

1

To launch an audit of the legal framework regulating political party financing in BiH and to provide recommendations for improvements.

2

To increase fines for political parties, authorized persons of political parties, and the violators of the provisions of the Law on Political Party Financing in BiH, the BiH Election Law, and other laws and/or regulations of the BiH Central Election Commission (e.g., minimum fine 100,000 BAM).

3

To introduce a penalty to temporarily prohibit financing of a political party from the budget if irregularities are detected in its financial operations and reporting.

4

To increase “certainty of sanctioning” through independent work of institutions in line with the law and aimed at the prevention of unlawful actions in the area of political party financing.

5

To prevent the abuse of public resources for pre-election purposes and campaigning by legal regulation of this issue.

6

To entirely and immediately implement GRECO recommendations relating to political party financing in BiH.

7

To introduce an obligation to record all revenues of political parties, even the revenues of less value.

8

To eliminate the possibility of making cash contributions, and to comply with the obligation to do business through a single transaction account in the bank.

9

To introduce the obligation of a detailed presentation of revenues in the financial reports using new, simpler classifications of revenues, so that the citizens can see where the political parties are spending public funds, by which they are principally financed.

10

To increase the transparency of political parties in financial operations by the public and proactive publication of financial indicators and financial reports, all in line with the open data standards in elections.

11

To improve political parties’ financial operations control systems both in the election and non-election years by boosting human and technical capacities of the CEC’s Audit Office, as well as by involving other institutions that control financial operations of legal entities, or to transfer the competence for auditing political party financing to the Supreme Audit Institutions.

12

To launch an initiative to adopt the national law on political organizations.