Quarterly file audit or review monitoring record

Copyright © 2025 LexisNexis
Published by a LexisNexis Practice Compliance expert
Precedents

Quarterly file audit or review monitoring record

Copyright © 2025 LexisNexis

Published by a LexisNexis Practice Compliance expert

Precedents
imgtext

    1. 1

      General information

      Date of Monitoring review[Insert date]
      Person conducting monitoring review[Insert name]

    1. 2

      Consolidated data

      CriteriaIn the last [insert period, eg quarter]Over the last 12 months
      Number of routine file audits/reviews required as per supervision/risk management procedures[Insert number][Insert number]
      Number of routine file audits/reviews completed[Insert number][Insert number]
      Number of closed file audits/reviews completed[Insert number][Insert
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Jurisdiction(s):
United Kingdom
Key definition:
Audit definition
What does Audit mean?

A review of a client's business and assets undertaken by an asset-based lender periodically during the life of a facility with particular focus on the asset classes being funded.

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