I have been given exactly one day to write a compliance policy that incorporates a monitoring schedule (per the FDIC) and auditing schedule. Can anyone help by sharing at least the scope of the monitoring schedule? The FDIC FIL-52-2003 states that monitoring is a day-to-day function, so how do I put that into words? Please help.

If you want to send me a PM with your email I will share our compliance policy with you.