Third line of defence: Difference between revisions
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imported>Doug Williamson (Plural and quote marks.) |
imported>Doug Williamson (Add link.) |
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==See also== | ==See also== | ||
* [[Audit]] | |||
*[[First line of defence]] | *[[First line of defence]] | ||
*[[Second line of defence]] | *[[Second line of defence]] | ||
* [[ | *[[Three Lines of Defence Model]] | ||
Revision as of 22:24, 13 November 2016
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 third line of defence is an independent assurance function - the internal audit function.
