Khabirpour sits on the board of Banque International a Luxembourg, one of the country\u2019s biggest banks, and is a director of the Luxembourg Stock Exchange \u2013 both institutions the CSSF regulates.\u00a0 Her appointment to the board of CSSF as a senior advisor to Luc Frieden, and her network of other positions give the appearance of impropriety.<\/p>\n
Does this staffing decision violates the \u201cprinciples of good corporate governance\u201d.\u00a0 The head of ProtInvest, an investor-protection group, has sent a letter to Michel Barnier, an EU commissioner, in which he criticised Mr Frieden\u2019s move as political.<\/p>\n
Ms Khabirpour\u2019s multiple jobs showcase the cosy relationships that tie Luxembourg\u2019s business community, which centres largely on fund management, to its regulators and political leaders, suggests Fred Reinertz, ProtInvest\u2019s president.
\n\u201cIt seems that the minister of finance does not care about the principles of good corporate governance,\u201d Mr Reinertz wrote. \u201c[Ms Khabirpour\u2019s appointment] represents a conflict of interest and a flagrant violation of the basic principles of good governance.\u201d
\nThe CSSF refuted the \u201cunfounded allegations\u201d in a statement. Mr Frieden and Ms Khabirpour also deny the claims, arguing Mr Reinertz\u2019s actions are politically motivated. The finance minister\u2019s office is drafting a letter to Mr Barnier to defend itself against the allegations.<\/p>\n
Meanwhile, Khabirpour spends her downtime in running guru Eric Orton’s Cool Impossible.\u00a0 PROFILE INFORMATION How many years have you been running?\u00a0 12
\nWhat is your goal race for the year? In general better performance, right training and technique, run 10K under 50 minutes
\nWhat is your greatest running accomplishment?
\nGreatest…10K in 53 minutes and trails from 60 to 80km
\nWhat is your “ultimate dream” running goal?
\nTo become the athlete runner Eric Orton describes in his book<\/p>\n
She just may be too busy running to do much damage.<\/p>\n
Khabirpour sits on the board of Banque International a Luxembourg, one of the country\u2019s biggest banks, and is a director of the Luxembourg Stock Exchange \u2013 both institutions the CSSF regulates.\u00a0 Her appointment to the board of CSSF as a … Continue reading ![\"Controversial](\"http:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2013\/09\/Controversial-Khabirpour-300x179.jpg\")
<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"