49. Do candidates have to report on their election campaign finances?

Russian Federation

Russian Federation

Answer
Yes
Source

Art. 74 - "(3) Within thirty days from the day of official publication of the general election results, a regional chapter of a political party, candidate (in case he/she established the electoral fund) shall present to the election commission of a subject of the Russian Federation, DEC the final financial report. Appended to the final financial report shall be primary financial documents confirming all receipts and expenditures of an electoral fund of a regional chapter of political party, documents fixing the unspent money and(or) confirming the closing of the said account as well as documents provided for in Clause 5 Article 68 of this Federal Law, or their copies."

Source: Article 74 (3), Federal Law on Elections of Deputies to the State Duma of the Federal Assembly of the Russian Federation, 2014

Art. 62 - "(2) Candidates shall provide their financial statements to the Central Election Commission of the Russian Federation as follows: 1) the first financial statement — together with the submission of documents required for registration to the Central Election Commission of the Russian Federation in the manner set forth in this Federal Law; information included in the report shall be valid if provided not earlier than five days prior to the date of submission of the report; ... 3) final financial statement — not later than in 30 days after official publication of the general results of elections of the President of the Russian Federation. The final financial statement shall be supported by primary documents confirming the receipt of funds to the special election account of the candidate and expenditure of these funds, statements of the account balance and/or of closing the above account and materials specified in clause 3 of Article 55 of this Federal Law. The list of primary documents attached to the candidate’s final financial statement shall be determined by the Central Election Commission of the Russian Federation."

Source: Article 62 (2), Federal Law on the Presidential Elections in the Russian Federation, 2002

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