Registration Time: 09:15
Sessions Time: 09:30 - 11:30  no break
Speakers: Ms Alicia Vella & Mr Ralph Bravo
Venue:   Online Webinar

Participation Fees 
MIA Members: €28.00

Non-MIA Members: €50.00

Retired Members: €15.00

Students: €20.00

*Group bookings for 3 or more participants available.

BACKGROUND INFORMATION

This webinar will provide an overview of the "Three Lines Model," an updated framework from the Institute of Internal Auditors for effective governance, risk management, and internal control. The session will define each of the three distinct lines—management and operational functions (First Line), risk and compliance functions (Second Line), and internal audit (Third Line)—and articulate their unique and complementary roles.

SPECIFIC TOPICS TO BE COVERED DURING THE SESSION

Participants will gain a thorough understanding of how these three lines must work in tandem to protect and create value for the business. We will explore the core responsibilities, challenges, and best practices for each line, and discuss how a clear delineation of duties, combined with collaboration, is essential for building a resilient and successful company. The webinar will highlight real-world examples to illustrate why a breakdown in any single line can expose a company to significant risks.

Why is the session of relevance to our members?

This webinar provides a practical guide to the Three Lines Model. Attendees will learn how to apply this framework to their work by understanding their specific roles, improving collaboration across the three lines, and learning from real-world examples. The content is designed to add value for a wide range of professionals, from operational staff to senior leaders.

Target Audience

The following individuals will benefit from understanding the role of each line of defence:
1. Management and operational staff
2. Compliance officers
3. Risk management professionals
4. Internal auditors
5. Regulatory Bodies, government officials, law enforcement
6. Senior leadership, partners, directors and other persons responsible for governance
7. Students

Speakers' Profiles

Alicia Vella is a director within the Advisory Department at Forvis Mazars. She is currently heading the Internal Audit Team and has over 9 years' experience providing internal audit, assurance and consultancy services to a range of regulated entities, advising on internal control, risk and governance-related issues. Alicia is a Certified Internal Auditor (CIA), Certified Public Accountant (CPA), and Certified Anti-Money Laundering Specialist (CAMS). She is a member of the Malta Institute of Accountants and serves on the IIA Malta Committee.

Ralph Bravo is a Senior Internal Auditor within the Advisory Department at Forvis Mazars. He is a Certified Internal Auditor (CIA), and a competent Certified Public Accountant (Philippines) with over 12 years of solid and diverse experience in internal audit and financial reporting in accordance with the applicable financial and industry frameworks and standards.

EVeNT CPE COMPETENCies

2  Core

WEBINARS TERMS AND CONDITIONS

Terms and conditions  apply

DISCLAIMER

By Registering and/or Booking for this event, you agree that MIA will collect your information which will be using it in accordance with its Privacy Notice available at the following link.

Please note that all webinars are recorded by the MIA. Such recordings will be retained by the MIA for internal use.