The Three Lines of Defence
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45 Minutes -
For all staff
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Global
The Three Lines of Defence model clarifies who owns risk, who oversees it and who provides independent assurance. This 45-minute global course explains how to interpret the model, identifies the roles of each line and the stakeholders involved, and covers the elements needed for the structure to function.
Most firms have the model on a slide and confusion in practice, usually where the first and second lines meet. Ownership gaps at that boundary are where risks sit unmanaged. Giving every function a shared understanding of the model turns an organisational chart into working accountability, and it makes internal audit findings considerably easier to act on.
What you’ll learn in
this course
- Understand and interpret the Three Lines of Defence (3LoD) model
- Identify the different roles and responsibilities of each line of defence and stakeholder in the 3LoD model
- Appreciate the benefits of implementing the 3LoD model
- Identify the key success factors that indicate the 3LoD model is being implemented effectively