Three Lines Model

The Three Lines Model is a framework to help organizations manage risk and ensure effective governance. The first line consists of operational managers who own and manage risks daily. The second line includes functions like risk management and compliance that oversee and monitor risks. The third line is internal audit, independent of operations, which reviews and provides assurance on the organization’s overall risk management and controls. Together, these three lines create a structured approach to identify, manage, and verify risks, promoting accountability and strengthening organizational resilience.