4. Is there a ban on corporate donations to candidates? - Cyprus

Country: 
Cyprus
Question: 
4. Is there a ban on corporate donations to candidates?
Answer: 
No
Comments: 

BLANK

Source: 

42. Concerning political financing, GRECO also welcomes the enhanced transparency in the system of political financing in Cyprus and commends the authorities for the efforts made. It is to be noted that the new obligation for political parties and election candidates to draft and submit, to the appropriate authorities, specific reports relating to election campaigns is a very positive step, as is the involvement of the Auditor General in the monitoring. Some shortcomings remain, however, such as the lack of obligation for election candidates to disclose the identities of donors exceeding a certain threshold. Source: Paragraph 42, Greco 2nd Interim Compliace Report on Cyprus, adopted at its 74th Plenary Meeting, Strasbourg 28 November - 2 December 2016