2020 RMA Three Lines of Defense: Range of Practice Survey

Executive Summary

The survey was conducted by The Risk Management Association between May and June 2020. Most of the questions were multiple choice with many opportunities to provide comments. Some questions were open text and designed to provide insight into challenges and best practices in the Three Lines of Defense.

A total of 135 responses was collected covering a range of financial institutions from three asset sizes: $250 billion or greater, $60 billion t…