Christine Lagarde receives about €140,000 a year as a Bank for International Settlements board member despite a European Central Bank ban on third-party payments to staff. Other central banks treat BIS remuneration differently. Banque de France, which is one of the few central banks that discloses its governor’s BIS remuneration, reclaims half of the fixed pay for the institution. The ECB told the FT that its staff “cannot accept remuneration for activities they perform exercising their ECB task”. Last summer, the bank’s staff committee accused leadership of running an “unaccountable legal fortress”.

Source: The Irish Times February 23, 2026 15:54 UTC