{
    "ok": true,
    "_meta": {
        "validator": "oppl_complex_asset_json_validator",
        "validator_version": "1.1.20",
        "captured_at_utc": "2026-08-10T10:14:22+00:00",
        "captured_unix": 1786356862,
        "input_source": "url",
        "input_url": "https://oppl.ai/llms/runs/etf/IE000FSN19U2_strict_latest.json",
        "source_assessment_hash": "9b24f1987cc5a7104d7055774906b60212ab35897be709b588d9dffbec06d3aa",
        "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": "IE000FSN19U2",
    "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": "derivatives_epm_only_true_without_epm_evidence",
            "message": "signals.derivatives_epm_only=true but no product-specific supporting evidence was identified proving hedging, efficient portfolio management, tracking, risk-management or other ancillary derivative use."
        }
    ],
    "suggested_repairs": [
        "Add product-specific EPM/hedging/ancillary derivative evidence, or set derivatives_epm_only=false/null if the flag cannot be substantiated."
    ],
    "reassessment": {
        "required": false
    },
    "deterministic_review": {
        "ok": true,
        "validator_type": "deterministic",
        "validator_verdict": "warn",
        "publishable": true,
        "confidence": 0.78,
        "issues": [
            {
                "severity": "warn",
                "code": "derivatives_epm_only_true_without_epm_evidence",
                "message": "signals.derivatives_epm_only=true but no product-specific supporting evidence was identified proving hedging, efficient portfolio management, tracking, risk-management or other ancillary derivative use."
            }
        ],
        "suggested_repairs": [
            "Add product-specific EPM/hedging/ancillary derivative evidence, or set derivatives_epm_only=false/null if the flag cannot be substantiated."
        ],
        "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": true,
            "derivative_evidence_count": 1,
            "swap_evidence_count": 0,
            "permission_or_ancillary_evidence_count": 1,
            "core_derivative_evidence_count": 0,
            "only_permission_or_ancillary_derivative_evidence": true,
            "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": true,
            "physical_replication_evidence_count": 1,
            "has_epm_only_evidence": true,
            "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": 4415,
            "completion_tokens": 303,
            "total_tokens": 4718,
            "raw": {
                "prompt_tokens": 4415,
                "completion_tokens": 303,
                "total_tokens": 4718,
                "cost": 0.0016748,
                "is_byok": false,
                "prompt_tokens_details": {
                    "cached_tokens": 1920,
                    "cache_write_tokens": 0,
                    "audio_tokens": 0,
                    "video_tokens": 0
                },
                "cost_details": {
                    "upstream_inference_cost": 0.0016748,
                    "upstream_inference_prompt_cost": 0.00119,
                    "upstream_inference_completions_cost": 0.0004848
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                "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": 4415,
            "completion_tokens": 303,
            "total_tokens": 4718,
            "input_cost_usd": 0.00119,
            "output_cost_usd": 0.0004848,
            "estimated_cost_usd": 0.0016748,
            "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 strict policy mode for a UCITS ETF with physical replication and no core derivative strategy. The derivatives_epm_only flag is set true but lacks direct product-specific EPM/hedging/ancillary derivative evidence, triggering a warning. The supporting evidence quotes derivatives_mentioned but do not explicitly prove EPM or hedging use. No conflict exists between derivatives_epm_only and derivatives_core_strategy flags as the latter is false and no core derivative evidence is present. The decision rule applied is appropriate and supported by evidence. Counterparty risk language is present but does not drive complexity. The assessment is publishable as-is with a hygiene warning and a suggested repair to add EPM evidence or clear the derivatives_epm_only flag.",
            "issues": [],
            "suggested_repairs": [
                "Add product-specific EPM/hedging/ancillary derivative evidence, or set derivatives_epm_only=false/null if the flag cannot be substantiated."
            ]
        }
    }
}