Managing risk my arse. 'Vigorous audits', 'clear set of standards'; what a load of ****e. It's called airmanship and I'm guessing you are something to do with EASA if you're spouting that sort of crap. It doesn't matter how many 'clear sets of standards' you have when they are ignored.
JAR/EASA permits this sort of operation, and for pilots to be on the flight deck of an airliner with less than 200 hours; look there for your problem.