Over the course of this video, I review with you the three lines of defense for managing risks. I also share my views on when forming a risk committee would be appropriate and what should be discussed in such a committee.
0:00 Introduction
0:37 Roles and responsibilities can be organized into three groupings
1:24 First Line of Defence
2:59 Second Line of Defence
4:18 Third Line of Defence
5:50 Committee Responsibilities
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