... function and (iii) an independent review.6 Depending on the bank’s nature, size and complexity, and the risk profile of a bank’s activities, the degree of formality of how these three lines of ... utilises the three lines of defence model, the structure and activities of the three lines often varies, depending on the bank’s portfolio of products, activities, processes and systems; the bank’s ... range of methodologies for the risk and performance alignment of remuneration, May 2011; the Financial Stability Forum’s Principles for sound compensation practices, April 2009; and the Financial...