Three lines of defence
Completion requirements
This lesson provides compliance professionals with an in-depth understanding of the Three Lines of Defence (3LoD) model and its application in meeting FCA compliance requirements. Participants will learn how each line functions, how they interact, and how to implement an effective governance framework.
Introduction to the Three Lines of Defence Model
Key Topics:
- Overview of risk management and governance
- Role of the FCA in enforcing compliance frameworks
- Explanation of the Three Lines of Defence model
Learning Outcomes:
- Understand the importance of the 3LoD model in financial services
- Identify how the model supports FCA compliance requirements
- Recognise the roles of each line in managing risk