European Central Bank President Christine Lagarde faced questions from staff regarding the ethical implications of promoting her book and discussing her future role. A six-page letter from Carlos Bowles, chair of the ECB staff committee, was sent to the institution's chief compliance officer seeking clarity on potential double standards between top officials and regular employees.
The letter, dated October 10, 2026, raised concerns about how the rules apply differently to high-ranking officials compared to ordinary personnel. The staff committee sought reassurances that the ethical guidelines are being fairly enforced across all levels of the organization.
Lagarde's involvement in book promotions and negotiations for her next role has drawn attention to the bank's internal policies. The staff committee's letter underscores the importance of maintaining transparency and consistency in ethical standards within the ECB.