RMIA CPRM Practice Questions - RMIA Certified Practising Risk Manager (CPRM) Exam

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In the context of the Three Lines Model (formerly Three Lines of Defense), which of the following best describes the role of the Second Line?

Providing complementary expertise, support, monitoring, and challenge to management regarding risk-related matters. Owning and managing risks directly through day-to-day operational controls. Providing independent, objective assurance to the board and senior management on the adequacy of governance. Setting the overall strategic objectives and approving the risk appetite of the enterprise.

Correct Answer:

Providing complementary expertise, support, monitoring, and challenge to management regarding risk-related matters.

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