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3.2.1 Supervision and Monitoring
Supervision and monitoring are part of the tasks political finance oversight bodies can be vested with. Depending on the country and the mandate entrusted to the political finance oversight body, supervision and monitoring of political finances can encompass different mechanisms or powers.
3.2 Compliance Control Mechanisms
Compliance control mechanisms cover all the different methods and processes oversight institutions can resort to in order to supervise and check compliance with political finance regulations.
3.1.5 Increasing Public Awareness
Political finance is crucially important in any democratic state today. The role of money in politics is also critical to public confidence on the political and electoral processes in any country.
3.1.4 Policy Development
The role that an impartial and politically neutral body with oversight of political finance issues can play in policy development will usually be limited, but can still be important.
3.1.3 Publication of Financial Reports and Your Decisions and Actions
The key principle expressed in the United Nations Convention against Corruption Article 7.3 about party and campaign finance is transparency. This cannot be achieved unless received financial reports are published in a way that is accessible for average voters as well as media.
3.1.2 Advisory Services
The importance of providing good advice and guidance cannot be emphasised enough. We often focus on the oversight body’s role in pursuing potential violations of the law and thus neglect their broader purpose, namely, to ensure compliance with the rules.
3.1 Oversight Institution's Role(s)
This section focuses on how to take on the different roles that you as political finance oversight institution may be assigned by legislation or other regulations.
3 Part 3 Operational Delivery
This part of Oversight, toolkit for political finance institutions focuses on how you as an oversight institution can deliver, in practice, the remit you have been given in overseeing the political finance regulations in your country.
2.7 Continuous Improvement Opportunities
It is tempting to think your job is done once you have set your strategy, developed your corporate and operational plans and undertaken the scheduled work. However, there is another very significant step to undertake – to review what has transpired and assess where improvements can be made.
2.6 Stakeholder Engagement
Political finance regulation is of interest to many stakeholders, and not all of their interests will be the same.