The Three Lines of Defense Model Enhanced with AI for Risk Management Jesus Olivera · Follow 4 min read · 1 hour ago In today’s complex financial and regulatory environment, organizations must implement robust risk management frameworks to mitigate risks and ensure compliance. The Three Lines of Defense (3LoD) model provides a structured approach to risk management by clearly defining roles and responsibilities across different levels of an organization. This model enhances internal controls, governance, and accountability, ensuring that risks are properly identified, managed, and reported. With the rise of artificial intelligence (AI), each line of defense can now operate more efficiently, leveraging technology to enhance, not replace the human judgment and expertise. Understanding the Three Lines of Defense First Line of Defense: Risk Ownership & Management The first […]
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