“Only French lenders should be able to finance electoral campaigns” | EUROtoday

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Jean-Philippe Vachia, president of the National Commission for Campaign Accounts and Political Financing in Paris, at the headquarters of the CNCCFP, June 8, 2021.

Twenty-one days to arrange the legislative marketing campaign: this unprecedented calendar below the Ve République places stress on all actors in public life, political events, candidates but in addition management establishments. In an interview with World, Jean-Philippe Vachia, president of the National Commission for Campaign Accounts and Political Financing (CNCCFP), explains the financing difficulties attributable to this lightning marketing campaign. He factors out the dangers, specifically the rise in loans made by events or candidates from rich people, with out assure of the origin of the funds.

How will the CNCCFP set up itself to manage the accounts of the 4,000 candidates for the early legislative elections, along with these for the European elections?

Two elections to course of as an alternative of 1, inside very tight deadlines, this requires strengthening our workforce. This is the which means of the letter that I’ve simply despatched to the Ministry of the Interior, with the intention to quantify the means essential to recruit round fifteen collaborators for 5 to seven months, and to remunerate the 100 and twenty short-term rapporteurs to be mobilized to instruct Accounts. There is little doubt that we’ll acquire these means, considering the funds at our disposal. Especially since on account of lack of time for a decree organizing the submission of accounts in digital type, the management should be carried out on paper information.

With a lowered marketing campaign, lowered bills (conferences, journey, and so forth.). But how will the candidates be capable to finance the unavoidable bills?

Going from six months – in regular instances – to a few weeks to seek out an agent and reach opening a checking account to gather the primary revenues and incur bills is a tough train. But our first space of ​​concern is the power of candidates to make sure the financing of their campaigns, in a context the place not all the foremost banks are oriented in direction of this political financing market and the place these that are should be very reactive in a short while. time lapse.

Candidates have three potential sources of financing at their disposal: a private contribution, primarily financed by borrowing; donations from people as much as a restrict of 4,600 euros per individual for a marketing campaign; or monetary help from their political occasion, which may cowl a part of the bills or lend them cash. The private contribution represents an enormous situation, as a result of any candidate will be reimbursed by the State, throughout the restrict of 47.5% of the ceiling set by regulation, which may characterize as much as 30,000 euros.

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