Overview
- The Liberal Democratic Party is preparing an alternative to proposals from the Democratic Party for the People and Komeito to amend the Political Funds Control Law.
- The draft would restrict corporate and organizational contributions to party-designated branches to tighten oversight of recipients.
- It would require political funds reports to be filed online to increase transparency of money flows.
- The LDP’s Political System Reform Headquarters, chaired by Katsunobu Kato, is slated to open formal talks on the draft on November 25.
- The effort aims to counter criticism over political funding transparency while keeping corporate donations legal, leaving cross-party agreement uncertain.