Oversight of Election Campaign and Political Party Financing

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Submitting an election funding disclosure

All candidates that have been elected or appointed as alternate members according to the confirmed election results must submit an election funding disclosure. They must submit the disclosure to the NAOF within two months of the confirmation of the election results.

Content of the election funding disclosure

The election funding disclosure must contain the following information:

  • the elections involved
  • the candidate’s name, title, occupation or position
  • the name of the political party that nominated the candidate or an indication that the candidate was nominated by a constituency association
  • the candidate’s electoral district, wellbeing service county or the municipality in which the candidate ran for office
  • total election campaign expenses incurred by the candidate and itemisation of the expenses
  • total election campaign funding raised by the candidate and itemisation of the funding
  • any other information on election funding and campaign costs that the discloser considers necessary.

The discloser is responsible for the accuracy of the information contained in the disclosure. When requested, the discloser must provide supplementary information (in the form of campaign bank statements or other similar documents) so that the accuracy and completeness of the disclosure can be verified.

Limitations on election funding

There are provisions in the Act on a Candidate’s Election Funding limiting the types of support that a candidate may accept. They concern donors, the maximum contribution that a candidate may accept from a single donor, contributions from foreign donors, and donors from which candidates may not accept contributions.

Disclosers

Under the Act on a Candidate’s Election Funding, the election funding disclosure must be submitted by

  • members of Parliament elected in parliamentary elections and alternate members appointed on confirmation of the election results
  • candidates elected as council members or as alternates in county elections
  • candidates elected as council members or as alternate members in municipal elections
  • members of the European Parliament elected in the European Parliamentary elections, alternate members appointed on confirmation of the election results, and the candidates following the alternate members
  • the political parties nominating candidates for the presidential elections and the polling representatives of the constituency associations nominating candidates or the representative’s alternate.

Advance disclosure

Voters should have access to information on candidates’ election funding already when making their voting decisions. For this reason, the Act on a Candidate’s Election Funding also contains provisions on voluntary advance disclosure.

It may be difficult for candidates to estimate their campaign contributions and spending in advance. In fact, the advance disclosure is mainly intended as a budgeting tool or a plan based on the most optimistic estimate of the funding that the candidates expect to raise and the sums that they expect to spend during the election campaign. Candidates may also include in their advance disclosures details of the funding that they have already raised or their commitment to a voluntary campaign spending limit agreed by the political parties.

Advance disclosures are not subject to oversight. The advance disclosures of the candidates who were not elected or appointed as alternate members will remain available online for 30 days after the confirmation of the election results. After that, they will be automatically removed.

Report on outstanding loans and support for loan repayments

Disclosers must report outstanding loans and support for loan repayments if they or their support groups have taken out loans to finance the election campaign. The obligation to report outstanding loans and support for loan repayments only applies to parliamentary elections and elections to the European Parliament.

The report must be submitted during the loan period for each calendar year during the parliamentary term that the disclosure obligation concerns. All outstanding loans and the support for the loan repayments amounting to at least 1,500 euros must be reported. The report on outstanding loans and support for loan repayments must be submitted by the disclosers and it should be submitted via the e-service of the oversight of election campaign and political party funding.

Election funding register

The NAOF keeps an election funding register, in which all information contained in election funding disclosures, advance disclosures and reports on outstanding loans and support for loan repayments is entered. The information kept in the register is publicly accessible and the disclosures and reports can be viewed on the website of the oversight of election campaign and political party funding.

Election funding disclosures and reports are available on the website for the following periods from the confirmation of the election results:

  • parliamentary elections – five years
  • county elections - five years
  • municipal elections – five years
  • European Parliamentary elections – six years
  • presidential elections – seven years.

Advance disclosures submitted by persons other than the disclosers remain accessible on the website for a period of 30 days from the date of confirmation of the election results.

Publiced: 4.2.2021  Updated: 25.8.2021