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Management & Leadership vocabulary · Corporate Governance

Three lines model

Meaning in management & leadership, with examples

nounAdvanced term

In management & leadership, three lines model means: A governance model distinguishing operational management, risk and compliance support, and independent internal audit roles.

In Turkish: üç hat modeli

How it is used

Use to discuss coordinated responsibilities; the lines are roles rather than necessarily three separate departments.

Example sentences

  1. The three lines model helped distinguish the risk team's advice from internal audit's independent assessment.

    Supporting management and providing independent assurance are different roles.

  2. Our board used the three lines model to clarify who owns controls and who reviews them.

    The model separates management responsibility from independent review.

Common collocations

  • apply the three lines model
  • three lines model of governance
  • corporate governanceThe system of rules, practices and controls by which a company is directed and supervised, especially the relationship between the board, the managers and the shareholders.
  • complianceFollowing the laws, regulations, internal policies and standards that apply to an organisation; also the name of the department that checks this.

More terms: Corporate Governance

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