Controversy Over Christine Lagarde's Payments from the Bank for International Settlements

A report by the Financial Times revealed on Monday that Christine Lagarde, President of the European Central Bank, receives about 140,000 euros annually as a member of the Board of Directors of the Bank for International Settlements, despite the European Central Bank's rules prohibiting its employees from receiving any payments from third parties.

The report noted that some bank employees expressed their objections through the internal messaging system, considering that these payments represent a double standard in dealing with internal rules. Lagarde confirmed on Friday that she received 130,457 Swiss francs, approximately 140,000 euros, in 2025 from the Bank for International Settlements.

The European Central Bank responded to the newspaper that its employees "cannot receive any compensation for activities they perform in the context of their duties at the bank."

The report also indicated that Lagarde's position at the head of the European Central Bank has come under scrutiny, following reports last week that she intends to resign before the French presidential elections next spring, while Reuters reported that sources said Lagarde informed her colleagues that she is still focused on her work and will inform them if she decides to resign.