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

In absence of political parties, all candidates stand as independents in Micronesia and campaigning usually focuses on local issues

Source: IPU Parline Database, Federated States of Micronesia Congress Last Elections (March 2017) at http://archive.ipu.org/parline-e/reports/2213_E.htm accessed January 20 2018

There are no political parties in Micronesia, and political parties are not regulated in the Constitution, or the Code of the Federated States of Micronesia. No regulation of this in relation to candidates is contained in current legislation