Examples of Second Line in a sentence
The Second Line of Defense shares responsibility with the First Line of Defense for implementing limits and policies and monitors the First Line of Defense for conformity with those items.
XX XXXx also serve as key liaisons to Second Line of Defense Functions.
Accordingly, the First Line of Defense and Second Line of Defense work together to establish maintain and demonstrate effective end-to end processes and controls.
Second Line of Defense The Second Line of Defense is primarily comprised of the Company’s independent risk management organization, RM&C, which reports directly to the Company’s CRO.
The Second Line of Defense helps translate risk appetite and strategy into actionable risk limits and policies, which are set by designated Operating Committees within the Company’s Risk Governance and Oversight Committee Structure.