Private Member’s Bill on Political Financing Media/Public Briefing 5 August 2022

Contents of the Bill • Objective • Definition • Regulating donations • Funding caps • Commission and PSC • Public funding • Punishments 5. [...] - To advocate the need for laws on issue of political financing through the support from 2nd Meeting of APPG on Political Financing civil society organisations (CSOs) and MPs 11 May 2022 from across the political divide. [...] Commission & PSC The Bill requires for the establishment of the following: • A bipartisan Parliamentary Select Committee from the Dewan Rakyat (between 6-12 MPs) on Political Financing. [...] • The figure of RM130,000,000 is a figure derived by taking the median of the last 10 years of federal budget and multiplied it by 0.05% (in reference to BERSIH’s 2021 paper & formulas). [...] 12 Further reforms required • The PFA is only the first step in ensuring a more transparent and accountable political system • Further reforms are needed such as an Asset Declaration Act, a Political Parties Act, reforms to the AG’s Chambers, the MACC, the Election Commission and Constituency Development Funds • Engagement with the private sector must be done 13 THANK YOU.