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LDP is considering requiring data on funds for policy activities

The ruling Liberal Democratic Party is considering a plan to require political funds reports to record when so-called policy activity funds are used under proposed revisions to the Political Funds Control Law, multiple party sources said on Saturday.

The LDP plans to maintain its plan to allow purchasers of up to ยฅ100,000 in tickets for fundraising parties to remain anonymous, compared to ยฅ200,000 under current law. But it is preparing to add a provision calling for a review of a revised law three years after it comes into effect.

The shift from the LDP’s original proposals on revisions to the Political Funds Law has received approval at some level from junior coalition partner Komeito. The LDP aims to get its revision bill through the House of Representatives this month with the support of Komeito.

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