Overview
- In a written reply to MEPs Fabio De Masi and Dick Erixon, Christine Lagarde revealed receiving 130,457 Swiss francs in 2025 from the Bank for International Settlements, about €140,000.
- The ECB says its president is not covered by staff rules that forbid third‑party payments and instead follows a dedicated code of conduct for top officials.
- According to posts reported by the Financial Times, some ECB employees criticized an apparent double standard on outside compensation.
- Practices vary across central banks, with Jerome Powell and Andrew Bailey declining BIS allowances and the Banque de France returning part of such pay to the institution.
- Reporting estimates Lagarde’s 2024 ECB salary and benefits at about €601,000, putting total compensation near €741,000 with the BIS allowance and the highest among EU officials, while the BIS does not publish individual board‑member pay.