India, July 6 -- The UK Government will introduce tough new rules to crackdown on foreign money influencing UK elections, including a timebound cap on donations on those who move to the UK from overseas.
The government confirmed Monday that it will introduce a new timebound cap on large political donations from people who have recently moved to the UK, in effect creating a minimum amount of time someone must permanently be based in the country before they can donate over the cap to a political party or candidate.
Other new measures include stronger tests on company donations, new and tough transparency requirements for candidates, and the closing of loopholes that could be exploited by those seeking to interfere in UK elections.
The meas...