Third line of defense

It corresponds to independent evaluation through activities carried out by the internal audit function (Internal Audit Management).

Its objective is to independently and objectively evaluate that the system operates properly, sufficiently, and effectively. In the GEB, this third line serves as a mechanism for evaluating the first two lines and is a fundamental aspect for articulating the different control aspects that feed into executive and managerial decision-making processes; providing the corporate governance bodies of the GEB and senior management with independent assurance.

Arquitectura de control

First line of defense

The control of senior management is exercised through process owners, who establish their own control activities to mitigate their risks and maintain effective internal control.

Second line of defense

It is structured around the function of supervising and monitoring the effectiveness of the controls of the first line.

Programa de Ética y Cumplimiento

Topics

Third line of defense

Arquitectura de control

First line of defense

Second line of defense