GAIRUS program

Governance Appraise, Inform, Review & Update Service (GAIRUS) program

How long does it take to review a policy?


The last 18 months have been unprecedented. Each of us, on a personal and professional basis, has had to deal with uncertainty and change in how we live our lives. In such times, how companies are governed and managed assumes much greater importance. Policies and procedures must be robust, up to the challenge and flexible to the circumstances, and boards need to make decisions that take account of short and long-term considerations and risk.


Often while we struggle to get back to normal (whatever that is) we remember the forgotten actions and activities that were put on the back-burner during the successive lockdowns and comparative freedoms.


“The governance framework scheduled reviews are, for many firms, a casualty of neglect and when you start to draw that line in the sand, you start to realise what a daunting task it can be.”


What has changed? What has been introduced? Was it Best Practice or a requirement? What were the Finalised Guidance lessons and statements?   Was that last Policy Statement implemented?


How long will it take to review all those policies and what should I be doing instead? Monitoring transactions and sales? Compliance Monitoring Plan scheduled activities? Staffing issues, holidays, FCA responses, AML checks, MLRO reviews, Board Meetings, PI Insurance, Studying, mentoring, recording my reasonable steps; where does it all end?


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GAIRUS program

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LS Consultancy can offer you our flagship product of Governance Appraise, Inform, Review & Update Service (GAIRUS).


GAIRUS means to live a stable, well organised life. You dislike sudden changes. You prefer orderliness in all things. You have a systematic mind that is reflected in everything you do. You can establish and maintain a routine. You are exacting with details and quite thorough. You want to be dependable, a rock of strength and an example of discipline for others.


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Our Product is nothing less.

The options available are;


  • We can review your existing governance and create the latest versions, for you to submit for publication by your governing body.
  • We will create a “Legal” and/or “Regulatory Footprint” for reference during reviews, product development, sales process changes etc.
  • We will create a “Policy Owner” contact database so as to communicate with the relevant person.
  • We will provide a change analysis for any alerts we identify, informing compliance (or operations) and policy owner of the impact.
  • We will make tracked change amendments as appropriate for your acceptance. Once accepted, we will formalise and version control the document appropriately.
  • We will securely transfer the document to the policy owner for inclusion in intranet or own directory OR we can manage on your behalf for all staff to access (as required).
  • If we manage the platform for you, we maintain single version of the truth.
  • We keep full activity logs for your account and record all ‘bartprints’.
  • We will provide a summary report to the Head of Compliance (or Operations) after the end of each month on activity.


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Any or all of the above can be created and applied to your business in a bespoke fashion.


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