Companies face the challenge of positioning and aligning various governance functions. In this context, redundancies should be avoided and coordinated management should take place.
In an article by Prof. Dr. Marc Eulerich, Joel Behrend and Benjamin Fligge titled „The New Three Lines Model: Positioning Risk Management“, the Three Lines Model is discussed as well as the challenges and opportunities of its implementation from a risk management perspective. The Three Lines Model is a framework and represents the update of the original Three Lines of Defense Model.
Has your interest been piqued? The article is available here. Note: The article is in German.