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Report from the Independent Review into Countering Foreign Financial Influence and Interference in UK Politics

25 March 2026

Proposing MP
Steve Reed Lab
Croydon North
Type
Written Ministerial Statement
Department
Ministry of Housing, Communities and Local Government
View on Parliament.uk -->

At a Glance

Issue Summary

The statement addresses the Independent Review into Countering Foreign Financial Influence and Interference in UK Politics led by Philip Rycroft.

Action Requested

The Government is implementing recommendations to cap donations from overseas electors at £100k per year and to impose a moratorium on cryptoasset donations until sufficient regulation is in place. These measures will be introduced through amendments to the Representation of the People Bill, with retrospective application from the date of announcement.

Key Facts

  • The Independent Review into Countering Foreign Financial Influence and Interference was commissioned by Philip Rycroft.
  • Amendments to the Representation of the People Bill include a £100k cap on donations from overseas electors per calendar year.
  • A complete moratorium is established on cryptoasset donations until sufficient regulation ensures confidence and transparency.
  • The measures will apply retrospectively from the date of announcement, impacting all regulated recipients across the UK.
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