The Political Party Funding Supervision Committee was founded under the Political Parties Act in May 2011. The Committee supervises the legality of obtaining and spending the finances of political parties, and also election coalitions and independent candidates who participate in elections, and the observing of other rules proceeding from the Political Parties Act.
The Committe consists of members appointed by the political parties represented in the Riigikogu and representatives of the Chancellor of Justice, the Auditor General and the National Electoral Committee. Members of the Committee are independent, they do not represent the interests and positions of the organisations that appointed them in their work.
The main tool of the Committee is the financial reporting information system, through which the reports on the finances of political parties are collected and published reliably and in a comparable format.