{
    "ok": true,
    "_meta": {
        "validator": "oppl_complex_asset_json_validator",
        "validator_version": "1.1.1",
        "captured_at_utc": "2026-08-08T18:52:51+00:00",
        "captured_unix": 1786215171,
        "input_source": "url",
        "input_url": "https://oppl.ai/llms/runs/etf/IE00B3B8Q275_ucits_default_latest.json",
        "source_assessment_hash": "db190883394bddda35b7cbce8ebecbc9c80fc3c0f37d2565db68bc7839174270",
        "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": "IE00B3B8Q275",
    "classification": "non-complex",
    "policy_mode": "ucits_default",
    "decision_rule_applied": "etf_ucits_physical_no_complex_override_rule",
    "validator_verdict": "warn",
    "publishable": true,
    "confidence": 0.78,
    "issue_count": 2,
    "issues": [
        {
            "severity": "warn",
            "code": "derivatives_mentioned_without_derivative_evidence",
            "message": "derivatives_mentioned=true but no derivative-related evidence item is present."
        },
        {
            "severity": "warn",
            "code": "derivatives_mentioned_without_derivative_evidence",
            "message": "derivatives_mentioned=true but no product-specific derivative-related evidence item is present in supporting_evidence.",
            "source": "agent"
        }
    ],
    "suggested_repairs": [
        "Either add product-specific derivative evidence supporting derivatives_mentioned=true or set derivatives_mentioned to false to maintain internal consistency."
    ],
    "deterministic_review": {
        "ok": true,
        "validator_type": "deterministic",
        "validator_verdict": "warn",
        "publishable": true,
        "confidence": 0.78,
        "issues": [
            {
                "severity": "warn",
                "code": "derivatives_mentioned_without_derivative_evidence",
                "message": "derivatives_mentioned=true but no derivative-related evidence item is present."
            }
        ],
        "suggested_repairs": [],
        "decisive_signal_evidence": {
            "checked": true,
            "decision_rule_signal": null,
            "decision_rule_signal_true": null,
            "decision_rule_signal_supported": null,
            "true_hard_signals": [],
            "supported_hard_signals": [],
            "unsupported_hard_signals": [],
            "checks": []
        },
        "derivative_materiality": {
            "checked": true,
            "policy_mode": "ucits_default",
            "type": "ETF",
            "ucits": true,
            "physical_replication": false,
            "swaps_signal": false,
            "synthetic_replication": false,
            "derivatives_core_strategy": false,
            "derivatives_epm_only": null,
            "derivative_evidence_count": 1,
            "swap_evidence_count": 0,
            "permission_or_ancillary_evidence_count": 0,
            "core_derivative_evidence_count": 0,
            "only_permission_or_ancillary_derivative_evidence": false,
            "supported_independent_hard_signals": []
        },
        "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": 2393,
            "completion_tokens": 273,
            "total_tokens": 2666,
            "raw": {
                "prompt_tokens": 2393,
                "completion_tokens": 273,
                "total_tokens": 2666,
                "cost": 0.001394,
                "is_byok": false,
                "prompt_tokens_details": {
                    "cached_tokens": 0,
                    "cache_write_tokens": 0,
                    "audio_tokens": 0,
                    "video_tokens": 0
                },
                "cost_details": {
                    "upstream_inference_cost": 0.001394,
                    "upstream_inference_prompt_cost": 0.0009572,
                    "upstream_inference_completions_cost": 0.0004368
                },
                "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": 2393,
            "completion_tokens": 273,
            "total_tokens": 2666,
            "input_cost_usd": 0.0009572,
            "output_cost_usd": 0.0004368,
            "estimated_cost_usd": 0.001394,
            "pricing_basis": "openrouter_usage_cost"
        },
        "review": {
            "validator_verdict": "warn",
            "publishable": true,
            "confidence": 0.82,
            "summary": "The assessment is internally consistent and aligns with UCITS default policy for a physical replication ETF classified as non-complex. The classification and decision rule are coherent with the signals and evidence. However, derivatives_mentioned=true is not supported by any product-specific derivative evidence, which triggers a warning. There is no conflict between derivatives_epm_only and derivatives_core_strategy as derivatives_epm_only is null and derivatives_core_strategy is false. Counterparty risk is supported by evidence but does not imply complex derivative exposure. The product does not have HELO or option overlay strategies, so no reclassification is needed. The client-facing JSON is publishable as-is but would benefit from adding explicit derivative-related evidence or setting derivatives_mentioned to false to avoid confusion.",
            "issues": [
                {
                    "severity": "warn",
                    "code": "derivatives_mentioned_without_derivative_evidence",
                    "message": "derivatives_mentioned=true but no product-specific derivative-related evidence item is present in supporting_evidence."
                }
            ],
            "suggested_repairs": [
                "Either add product-specific derivative evidence supporting derivatives_mentioned=true or set derivatives_mentioned to false to maintain internal consistency."
            ]
        }
    }
}