ECB publishes principles to avoid market-moving missteps

The European Central Bank

The European Central Bank (ECB) published a set of "guiding principles" today (October 6) in an effort to ensure appearances by executive board members do not offer commercial advantages to select groups.

The principles, which are added to existing rules in the statute of the ECB and a code of conduct for board members, lay out specific guidelines on how to handle public and private appearances without revealing the wrong sorts of information.

Board members should avoid speaking at events where

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