He stressed that regulation contributed to the public confidence in political institutions and enhanced the credibility of political institutions of democracy. However, as political systems vary greatly between countries flexibility is advisable when deciding on a regulatory mechanism. He stated that it was more effective to focus on incentives rather than constraints and sanctions. In this regard it was important to assist political parties to build develop a sustainable funding base. He also noted that access to funding was hampered the access of women in the political domain. In ensuring a balance between public and private funding it could be noted that enforcement and sanctions posed the greatest threat and solutions should be tailored to mitigate this threat. Foreign funding also deeply effected political parties and hampered the delivery of services. In conclusion he remarked that there had been some positive actions at an international level in terms of conventions to combat corruption, transnational organized crime and the negative effect of foreign funding of political parties. He expressed the willingness of International IDEA to provide assistance to the drafting process on the resolution to be considered in Panama.