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The Three Lines of Defense model provides a simple and effective way to enhance communications on risk management and control by clarifying essential roles and duties.
In January 2013, the Three Lines of Defence model was published by the Institute of Internal Auditors. Its aim was to provide a comprehensive framework to consider the overall arrangements for managing risk and exercising control within an organisation.
Overview of the Three Lines of Defense Model. Responsibilities of the Three Lines. 1st Line of Defense. The First Line of Defense are the process owners who manage the business risks in the organization’s processes. The First Line therefore owns the risk and is accountable for the design and execution of the organization’s internal controls.
The European cement and concrete industry represented by CEMBUREAU, BIBM and ERMCO recognised this need and set upa task group to prepare two documents, Commentary to EN 1992 and Worked Examples to EN 1992.
EULYNX is committed to the standardisation of interfaces and elements within railway signalling systems. We innovate to enhance modularity and system longevity, driving the digital transformation of Europe’s railway industry.
Three Lines Model regards first line roles to include both “front of house” and “back office” activities, and second line roles to comprise those complementary activities focused on risk-related matters.
Line 2: Risk oversight. The second line of defence (2LOD) is provided by the risk management and compliance functions. These functions provide the oversight and the tools, systems and advice necessary to support the first line in identifying, managing and monitoring risks.
