The UK government is set to implement measures to close loopholes allowing foreign money to influence elections. New regulations will ensure that all political donations come from legitimate UK sources. Political parties will be required to perform enhanced checks on donors and ensure contributions over £500 originate from verified sources. Fines of up to £500,000 will be introduced for violations, with false declarations considered criminal offences. The reforms aim to bolster public confidence in the electoral process by enhancing scrutiny and accountability of political donations.
The government plans to implement measures ensuring that political donations come strictly from allowable UK sources, focusing on closing loopholes that could permit foreign influence.
New rules will mandate parties to enhance checks on donors, requiring contributions over £500 to originate from legitimate UK sources to ensure the integrity of elections.
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