{
    "ok": true,
    "_meta": {
        "validator": "oppl_complex_asset_json_validator",
        "validator_version": "1.1.1",
        "captured_at_utc": "2026-08-08T12:20:34+00:00",
        "captured_unix": 1786191634,
        "input_source": "url",
        "input_url": "https://oppl.ai/llms/runs/etf/GB00B15KYG56_balanced_latest.json",
        "source_assessment_hash": "f62e5c16a7283ec13f59fc28eb1073cb2caa96cfbcc46291e6880e76d4b68270",
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    "isin": "GB00B15KYG56",
    "classification": "complex",
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    "decision_rule_applied": "etc_priips_comprehension_alert_hard_complex_rule",
    "validator_verdict": "fail",
    "publishable": false,
    "confidence": 0.92,
    "issue_count": 4,
    "issues": [
        {
            "severity": "warn",
            "code": "core_derivatives_true_without_core_evidence",
            "message": "derivatives_core_strategy=true but no derivatives_core_strategy evidence item is present."
        },
        {
            "severity": "fail",
            "code": "hard_complex_signal_without_direct_evidence_commodity_futures_roll",
            "message": "signals.commodity_futures_roll=true but no supporting_evidence quote directly substantiates that hard-complex feature."
        },
        {
            "severity": "fail",
            "code": "hard_complex_signal_without_direct_evidence_commodity_futures_roll",
            "message": "signals.commodity_futures_roll=true but no supporting_evidence quote directly substantiates that hard-complex feature.",
            "source": "agent"
        },
        {
            "severity": "warn",
            "code": "core_derivatives_true_without_core_evidence",
            "message": "derivatives_core_strategy=true but no supporting_evidence item explicitly labeled 'derivatives_core_strategy' is present.",
            "source": "agent"
        }
    ],
    "suggested_repairs": [
        "Add supporting_evidence with signal=derivatives_core_strategy quoting the relevant strategy language.",
        "Remove or downgrade unsupported commodity_futures_roll, or add product-specific evidence that directly proves the feature before using it as a hard complex trigger.",
        "Add supporting_evidence with signal='derivatives_core_strategy' quoting relevant product-specific strategy language confirming core derivative use.",
        "Add supporting_evidence with signal='commodity_futures_roll' quoting product-specific text directly describing the futures roll mechanism.",
        "Alternatively, remove or downgrade the commodity_futures_roll signal if direct evidence cannot be provided."
    ],
    "deterministic_review": {
        "ok": true,
        "validator_type": "deterministic",
        "validator_verdict": "fail",
        "publishable": false,
        "confidence": 0.92,
        "issues": [
            {
                "severity": "warn",
                "code": "core_derivatives_true_without_core_evidence",
                "message": "derivatives_core_strategy=true but no derivatives_core_strategy evidence item is present."
            },
            {
                "severity": "fail",
                "code": "hard_complex_signal_without_direct_evidence_commodity_futures_roll",
                "message": "signals.commodity_futures_roll=true but no supporting_evidence quote directly substantiates that hard-complex feature."
            }
        ],
        "suggested_repairs": [
            "Add supporting_evidence with signal=derivatives_core_strategy quoting the relevant strategy language.",
            "Remove or downgrade unsupported commodity_futures_roll, or add product-specific evidence that directly proves the feature before using it as a hard complex trigger."
        ],
        "decisive_signal_evidence": {
            "checked": true,
            "decision_rule_signal": null,
            "decision_rule_signal_true": null,
            "decision_rule_signal_supported": null,
            "true_hard_signals": [
                "synthetic_replication",
                "commodity_futures_roll",
                "contango_backwardation"
            ],
            "supported_hard_signals": [
                "synthetic_replication",
                "contango_backwardation"
            ],
            "unsupported_hard_signals": [
                "commodity_futures_roll"
            ],
            "checks": {
                "synthetic_replication": {
                    "signal_true": true,
                    "direct_evidence": true,
                    "matching_evidence_count": 1,
                    "decision_rule_uses_signal": false,
                    "matches": [
                        {
                            "index": 1,
                            "source": "FACTSHEET",
                            "evidence_signal": "synthetic_replication",
                            "quote": "Replication Method Synthetic - fully funded collateralised swap"
                        }
                    ]
                },
                "commodity_futures_roll": {
                    "signal_true": true,
                    "direct_evidence": false,
                    "matching_evidence_count": 0,
                    "decision_rule_uses_signal": false,
                    "matches": []
                },
                "contango_backwardation": {
                    "signal_true": true,
                    "direct_evidence": true,
                    "matching_evidence_count": 1,
                    "decision_rule_uses_signal": false,
                    "matches": [
                        {
                            "index": 4,
                            "source": "FACTSHEET",
                            "evidence_signal": "contango_backwardation",
                            "quote": "This market trend is known as 'contango' . Alternatively the contracts being purchased may be cheaper than the ones being sold which would result in an additional gain, known as 'backwardation' ."
                        }
                    ]
                }
            }
        },
        "derivative_materiality": {
            "checked": true,
            "policy_mode": "balanced",
            "type": "ETC",
            "ucits": false,
            "physical_replication": false,
            "swaps_signal": true,
            "synthetic_replication": true,
            "derivatives_core_strategy": true,
            "derivatives_epm_only": false,
            "derivative_evidence_count": 2,
            "swap_evidence_count": 2,
            "permission_or_ancillary_evidence_count": 0,
            "core_derivative_evidence_count": 2,
            "only_permission_or_ancillary_derivative_evidence": false,
            "supported_independent_hard_signals": [
                "synthetic_replication",
                "contango_backwardation"
            ]
        },
        "detected_features": {
            "helo_or_core_options_overlay": false,
            "physical_replication": false,
            "has_epm_only_evidence": false,
            "has_core_derivatives_evidence": false,
            "has_generic_fdi_permission_evidence": false,
            "has_option_overlay_evidence": false
        }
    },
    "agent_review": {
        "ok": true,
        "model": "gpt-4.1-mini",
        "temperature": 0,
        "max_tokens": 1800,
        "usage": {
            "prompt_tokens": 3067,
            "completion_tokens": 410,
            "total_tokens": 3477,
            "raw": {
                "prompt_tokens": 3067,
                "completion_tokens": 410,
                "total_tokens": 3477,
                "cost": 0.0018828,
                "is_byok": false,
                "prompt_tokens_details": {
                    "cached_tokens": 0,
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                },
                "cost_details": {
                    "upstream_inference_cost": 0.0018828,
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                },
                "completion_tokens_details": {
                    "reasoning_tokens": 0,
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            }
        },
        "cost": {
            "estimated": false,
            "actual_provider_cost_available": true,
            "model": "gpt-4.1-mini",
            "prompt_tokens": 3067,
            "completion_tokens": 410,
            "total_tokens": 3477,
            "input_cost_usd": 0.0012268,
            "output_cost_usd": 0.000656,
            "estimated_cost_usd": 0.0018828,
            "pricing_basis": "openrouter_usage_cost"
        },
        "review": {
            "validator_verdict": "fail",
            "publishable": false,
            "confidence": 0.93,
            "summary": "The assessment is internally consistent in classification and signals, and derivative-related signals are mostly supported by product-specific evidence. However, the hard-complex signal 'commodity_futures_roll' is asserted true but lacks direct supporting evidence in the supporting_evidence quotes. Additionally, derivatives_core_strategy=true is set but no explicit supporting evidence item labeled 'derivatives_core_strategy' is present. There is no conflict between derivatives_epm_only and derivatives_core_strategy flags. The synthetic replication and swap exposure are well supported by product-specific evidence. The PRIIPs comprehension alert is supported by a direct quote. The product is an ETC with synthetic replication and swap exposure, consistent with a complex classification in balanced mode. The assessment is not publishable as-is due to the unsupported hard-complex signal and missing core derivatives evidence. Suggested repairs include adding direct supporting evidence for commodity futures roll and derivatives_core_strategy or removing/downgrading unsupported signals.",
            "issues": [
                {
                    "severity": "fail",
                    "code": "hard_complex_signal_without_direct_evidence_commodity_futures_roll",
                    "message": "signals.commodity_futures_roll=true but no supporting_evidence quote directly substantiates that hard-complex feature."
                },
                {
                    "severity": "warn",
                    "code": "core_derivatives_true_without_core_evidence",
                    "message": "derivatives_core_strategy=true but no supporting_evidence item explicitly labeled 'derivatives_core_strategy' is present."
                }
            ],
            "suggested_repairs": [
                "Add supporting_evidence with signal='derivatives_core_strategy' quoting relevant product-specific strategy language confirming core derivative use.",
                "Add supporting_evidence with signal='commodity_futures_roll' quoting product-specific text directly describing the futures roll mechanism.",
                "Alternatively, remove or downgrade the commodity_futures_roll signal if direct evidence cannot be provided."
            ]
        }
    }
}