48. Do political parties have to report on their election campaign finances?

Romania

Romania

Answer
Yes
Source

Art. 28 (4) - "The funds obtained by political parties outside of the electoral campaign that have been transferred to the bank accounts opened at the central level, must be notified to the Permanent Electoral Authority, by the coordinating financial agent, within 5 days from the date of the transfer."

Art. 47 (1) -  "Within 15 days from the date of elections, coordinating financial agents are required to submit to the Permanent Electoral Authority detailed reports of income and election related expenses of political parties, political alliances, electoral alliances, organizations of Romanian citizens belonging to national minorities and of independent candidates, as well as the amount of debt recorded as a result of the campaign, accompanied by the declarations referred to in art. 28 para. (9)."

Source: Articles 28 (4)  and 47 (1), The Law no. 334/2006 on financing the activity of political parties and electoral campaigns, 2006 (as of January 20, 2017)

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