{ "ok": true, "_meta": { "validator": "oppl_complex_asset_json_validator", "validator_version": "1.1.20", "captured_at_utc": "2026-08-10T09:00:27+00:00", "captured_unix": 1786352427, "input_source": "url", "input_url": "https://oppl.ai/llms/runs/etf/IE000FOSCLU1_strict_latest.json", "source_assessment_hash": "9d1ee8a407a4e194475f40bc70a6a37a862c3107027f50daf188aeab24431ec0", "agent_enabled": true, "agent_provider": "openrouter", "agent_model": "gpt-4.1-mini", "agent_temperature": 0, "agent_max_tokens": 1800, "warn_short_agent": true, "validator_modes": { "deterministic": "executed", "agent": "executed" } }, "isin": "IE000FOSCLU1", "classification": "non-complex", "policy_mode": "strict", "decision_rule_applied": "etf_ucits_physical_no_complex_override_rule", "source_classification": null, "source_decision_rule_applied": null, "resolution": { "applied": false }, "validator_verdict": "warn", "publishable": true, "confidence": 0.78, "issue_count": 1, "issues": [ { "severity": "warn", "code": "physical_rule_without_direct_physical_evidence", "message": "decision_rule_applied explicitly asserts physical replication, but no product-specific supporting evidence quote directly substantiates physical/direct replication. This is a rule-specificity evidence gap and does not by itself invalidate an otherwise coherent non-complex classification." } ], "suggested_repairs": [ "Add product-specific physical/direct replication evidence, or use a more general UCITS no-complex-override rule that does not assert physical replication." ], "reassessment": { "required": false }, "deterministic_review": { "ok": true, "validator_type": "deterministic", "validator_verdict": "warn", "publishable": true, "confidence": 0.78, "issues": [ { "severity": "warn", "code": "physical_rule_without_direct_physical_evidence", "message": "decision_rule_applied explicitly asserts physical replication, but no product-specific supporting evidence quote directly substantiates physical/direct replication. This is a rule-specificity evidence gap and does not by itself invalidate an otherwise coherent non-complex classification." } ], "suggested_repairs": [ "Add product-specific physical/direct replication evidence, or use a more general UCITS no-complex-override rule that does not assert physical replication." ], "reassessment": { "required": false }, "resolution": { "applied": false }, "decisive_signal_evidence": { "checked": true, "decision_rule_signal": null, "decision_rule_signal_true": null, "decision_rule_signal_supported": null, "decision_rule_matching_evidence_count": null, "decision_rule_matches": [], "true_hard_signals": [], "supported_hard_signals": [], "unsupported_hard_signals": [], "checks": [] }, "derivative_materiality": { "checked": true, "policy_mode": "strict", "type": "ETF", "ucits": true, "physical_replication": true, "swaps_signal": false, "synthetic_replication": false, "derivatives_core_strategy": false, "derivatives_epm_only": false, "derivative_evidence_count": 3, "swap_evidence_count": 0, "permission_or_ancillary_evidence_count": 2, "core_derivative_evidence_count": 0, "only_permission_or_ancillary_derivative_evidence": false, "supported_independent_hard_signals": [] }, "source_decisive_signal_evidence": null, "source_derivative_materiality": null, "detected_features": { "helo_or_core_options_overlay": false, "physical_replication": true, "physical_replication_direct_evidence": false, "physical_replication_evidence_count": 0, "has_epm_only_evidence": false, "has_core_derivatives_evidence": false, "has_generic_fdi_permission_evidence": true, "has_option_overlay_evidence": false } }, "agent_review": { "ok": true, "model": "gpt-4.1-mini", "temperature": 0, "max_tokens": 1800, "usage": { "prompt_tokens": 4726, "completion_tokens": 376, "total_tokens": 5102, "raw": { "prompt_tokens": 4726, "completion_tokens": 376, "total_tokens": 5102, "cost": 0.001916, "is_byok": false, "prompt_tokens_details": { "cached_tokens": 1920, "cache_write_tokens": 0, "audio_tokens": 0, "video_tokens": 0 }, "cost_details": { "upstream_inference_cost": 0.001916, "upstream_inference_prompt_cost": 0.0013144, "upstream_inference_completions_cost": 0.0006016 }, "completion_tokens_details": { "reasoning_tokens": 0, "image_tokens": 0, "audio_tokens": 0 } } }, "cost": { "estimated": false, "actual_provider_cost_available": true, "model": "gpt-4.1-mini", "prompt_tokens": 4726, "completion_tokens": 376, "total_tokens": 5102, "input_cost_usd": 0.0013144, "output_cost_usd": 0.0006016, "estimated_cost_usd": 0.001916, "pricing_basis": "openrouter_usage_cost" }, "review": { "validator_verdict": "warn", "publishable": true, "confidence": 0.8, "summary": "The assessment is internally consistent with a non-complex classification under the strict policy mode and the applied decision rule 'etf_ucits_physical_no_complex_override_rule'. The derivatives_epm_only and derivatives_core_strategy flags are both false, consistent with the evidence. The supporting evidence quotes correctly match their signal labels. The decision-driving hard-complex signals are absent, and no unsupported hard signals are used by the decision rule. However, there is a warning due to the lack of direct product-specific evidence explicitly substantiating physical replication, despite the decision rule asserting physical replication. This is a known evidence gap but does not invalidate the non-complex classification or publishability. No conflicts between derivatives_epm_only and derivatives_core_strategy flags exist. The derivative wording supports permission only, not ancillary or core derivative strategy. HELO or option overlay strategies are not present. The counterparty risk signal is supported by evidence and correctly included. The client-facing JSON is publishable as-is. Suggested repair is to add direct physical replication evidence or use a more general no-complex-override rule that does not assert physical replication. The applied decision rule asserts physical replication, but deterministic evidence does not directly substantiate physical/direct replication; treat this as a publishable rule-specificity evidence warning rather than a classification contradiction.", "issues": [ { "severity": "warn", "code": "physical_rule_without_direct_physical_evidence", "message": "decision_rule_applied explicitly asserts physical replication, but no product-specific supporting evidence quote directly substantiates physical/direct replication. This is a rule-specificity evidence gap and does not by itself invalidate an otherwise coherent non-complex classification." } ], "suggested_repairs": [ "Add product-specific physical/direct replication evidence, or use a more general UCITS no-complex-override rule that does not assert physical replication." ] } } }