Senior management has decided to implement the Three Lines of Defense model for risk management. Which of the following best describes senior management's duties with regard to this model?
While senior management is responsible for ensuring compliance with the model and identifying emerging issues, these duties are typically shared across the three lines of defense. Setting goals for implementation is a specific duty that falls under the purview of senior management as they define the strategic direction and objectives for the organization's risk management efforts.
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Domiii
1 year agoCrazyhydra
1 year, 3 months ago