Second line of defence

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Revision as of 10:37, 5 August 2015 by imported>Doug Williamson (Plural and quote marks.)
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The first, second and third lines of defence are identified by the Bank of England in relation to establishing and defending fair and effective markets.

These 'lines of defence' are the governance and controls to protect against risks in an organisation.


The second line of defence is an independent oversight function - commonly the risk functions monitoring each key risk category.


See also