55. Which institution(s) receives financial reports from political parties and/or candidates?

'A legally independent authority monitoring political finance information was first established by law 96/2012 (art. 9). Under this law, "The Commission for transparency and control of the political parties and movements financial reports" is established. After the new political finance reform of February 2014, the Commission is renamed as "the Commission for the guarantee of the political parties' statutes and for the transparency and the control of their accounts" (law 13/2014, art. 4). The Commission should verify the conformity and regularity of party statutes and reports, in particular the proportionality between party expenditures and party incomes.The law also establishes the Commission's powers: The Commission controls the regularity and conformity of the political parties' and movements' balance sheets, as under law 2/1997 and under the norms established by the current regulation. Hence, the Commission verifies whether the political parties' financial statements comply with the law, but no investigation or audit powers are provided to this authority.

Source: Money, Politics &Transparency project. Italy. 2016.

Available at: http://data.moneypoliticstransparency.org/countries/IT/)

Commission for the guarantee of the political parties' statutes and for the transparency and the control of their accounts ( established in 2012)