BIS increases transparency

Something which has largely escaped people's notice amid the flurry of recent changes at the BIS is that it has now declared the salaries of its senior management. This is consistent with its more general drive for greater transparency, since, as the new general manager Malcolm Knight told CentralBankNet, "At the BIS we encourage greater transparency in the financial system, and we have to live by what we preach. That's why we recently acted to make our own financial statements much more

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