56. Which institution(s) is responsible for examining financial reports and/or investigating violations?

Regarding the system of public oversight for political parties/movements laid out in Article 11 of the LFPPM, each year the balance sheets of parties/movements are audited in order to determine whether they have been drafted clearly and accurately and are completely consistent with the financial position, as well as with the costs and revenue incurred during the year. Such audit is carried out by an Auditing Committee composed of three auditors who are enrolled in the Register of Auditors kept at the Ministry of Industry (there are around 100 registered auditors). The members of the Auditing Committee are chosen in the month of May of each year by a majority vote of the Bureau of the Great and General Council; the Bureau must represent at least two thirds of the members of the Great and General Council. The Bureau is composed by the presidents of the different parliamentary groups and headed by the Captains Regent.
Source: GRECO (2016), Third Evaluation Round, Evaluation Report on San Marino, Transparency of Party Funding, (Theme II), GRECO, Strasbourg

Auditing Commitee.