Does the country publish candidate/party financing reports online?

Iceland

Iceland

Answer
No
Source

Act on the Finances of Political Organisations and Candidates and their Information Disclosure No. 162 of 21 December 2006

Article 11
Information disclosure on accounts of election campaigns

Candidates must deliver their endorsed financial statements to the National Audit Bureau no later than three months after elections took place. The National Audit Bureau shall, as soon as possible thereafter, publish an excerpt from the statements in a co-ordinated manner. This shall give an account of total expenditures and total revenues. The excerpt shall provide a breakdown of revenues by origin, distinguishing between state contributions, contributions from municipalities, contributions from legal entities, membership fees and contributions from individuals, and also provide the key figures of the balance sheet. An account shall be provided of all discounts received from market prices, as well as sales of services, goods or assets at a premium price. The names of all legal entities providing contributions to the candidate's election campaign and the respective amounts shall be published. In addition, the names of all individuals providing contributions valued at over ISK 200,000 to the candidate's election campaign shall be published.

Comment

According to the OSCE/ODIHR Needs Assessment Mission Report, Iceland, Presidential Elections, 25 June 2016, "The NAO is responsible for monitoring campaign finance and provides guidance to candidates through templates and trainings. Candidates are obliged to submit an independently audited statement on their campaign contributions and expenditures within three months of an election. The NAO is responsible for publishing a summary of each candidate’s report, displaying total contributions and expenditures together with the source of donations exceeding ISK 200,000." 

However, these reports cannot be found online. 

Close tooltip