(8)By Commission Decision (EU, Euratom) 2025/369note the Commission has established, within the Commission’s risk management and compliance framework for financial risks arising from the Union’s financial operations, the independent function of Chief Risk Officer, to act as the second line of defence at a corporate level, complementing the role of the Directorates-General responsible for the Union’s financial operations as the first line of defence. The third line of defence should be the IAS which should exercise its role in accordance with Article 118 of Regulation (EU, Euratom) 2024/2509.
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