In the wake of drastic updates to the “Three Lines Model” for managing risk, Institute of Internal Auditors President and CEO Richard Chambers caught up with Compliance Week to discuss the changes, how COVID-19 has impacted the internal audit profession, and much more.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...