{
    "ok": true,
    "_meta": {
        "validator": "oppl_complex_asset_json_validator",
        "validator_version": "1.1.1",
        "captured_at_utc": "2026-08-08T14:17:11+00:00",
        "captured_unix": 1786198631,
        "input_source": "url",
        "input_url": "https://oppl.ai/llms/runs/etf/IE00B7KQ7B66_strict_latest.json",
        "source_assessment_hash": "f59f306632c3d07b4b116f9e57330a601ddf3b6c7fbd8023e61165a8d4e9e1a0",
        "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": "IE00B7KQ7B66",
    "classification": "complex",
    "policy_mode": "strict",
    "decision_rule_applied": "strict_etf_swap_complex_rule",
    "validator_verdict": "fail",
    "publishable": false,
    "confidence": 0.92,
    "issue_count": 5,
    "issues": [
        {
            "severity": "fail",
            "code": "hard_complex_signal_without_direct_evidence_synthetic_replication",
            "message": "signals.synthetic_replication=true but no supporting_evidence quote directly substantiates that hard-complex feature."
        },
        {
            "severity": "fail",
            "code": "swaps_true_without_direct_swap_evidence",
            "message": "signals.swaps=true but no supporting evidence quote directly mentions a swap, TRS or CFD."
        },
        {
            "severity": "fail",
            "code": "hard_complex_signal_without_direct_evidence_synthetic_replication",
            "message": "signals.synthetic_replication=true but no supporting_evidence quote directly substantiates that hard-complex feature.",
            "source": "agent"
        },
        {
            "severity": "fail",
            "code": "swaps_true_without_direct_swap_evidence",
            "message": "signals.swaps=true but no supporting evidence quote directly mentions a swap, TRS or CFD.",
            "source": "agent"
        },
        {
            "severity": "fail",
            "code": "derivatives_epm_only_conflicts_with_synthetic_replication_and_swaps",
            "message": "derivatives_epm_only=true conflicts with synthetic_replication=true and swaps=true without core derivative evidence.",
            "source": "agent"
        }
    ],
    "suggested_repairs": [
        "Remove or downgrade unsupported synthetic_replication, or add product-specific evidence that directly proves the feature before using it as a hard complex trigger.",
        "Do not infer swap exposure from generic derivative/counterparty language. Add direct swap/TRS/CFD evidence or set swaps=false.",
        "Add product-specific supporting evidence explicitly mentioning swaps, TRS, CFDs, or synthetic replication methodology to substantiate these hard-complex signals.",
        "If such evidence cannot be provided, set synthetic_replication=false and swaps=false to avoid unsupported hard-complex signals.",
        "Reclassify derivatives_epm_only to derivatives_mentioned if only generic permission or ancillary use is evidenced.",
        "Ensure supporting_evidence quotes directly match the signal labels, especially for hard-complex signals."
    ],
    "deterministic_review": {
        "ok": true,
        "validator_type": "deterministic",
        "validator_verdict": "fail",
        "publishable": false,
        "confidence": 0.92,
        "issues": [
            {
                "severity": "fail",
                "code": "hard_complex_signal_without_direct_evidence_synthetic_replication",
                "message": "signals.synthetic_replication=true but no supporting_evidence quote directly substantiates that hard-complex feature."
            },
            {
                "severity": "fail",
                "code": "swaps_true_without_direct_swap_evidence",
                "message": "signals.swaps=true but no supporting evidence quote directly mentions a swap, TRS or CFD."
            }
        ],
        "suggested_repairs": [
            "Remove or downgrade unsupported synthetic_replication, or add product-specific evidence that directly proves the feature before using it as a hard complex trigger.",
            "Do not infer swap exposure from generic derivative/counterparty language. Add direct swap/TRS/CFD evidence or set swaps=false."
        ],
        "decisive_signal_evidence": {
            "checked": true,
            "decision_rule_signal": null,
            "decision_rule_signal_true": null,
            "decision_rule_signal_supported": null,
            "true_hard_signals": [
                "synthetic_replication"
            ],
            "supported_hard_signals": [],
            "unsupported_hard_signals": [
                "synthetic_replication"
            ],
            "checks": {
                "synthetic_replication": {
                    "signal_true": true,
                    "direct_evidence": false,
                    "matching_evidence_count": 0,
                    "decision_rule_uses_signal": false,
                    "matches": []
                }
            }
        },
        "derivative_materiality": {
            "checked": true,
            "policy_mode": "strict",
            "type": "ETF",
            "ucits": true,
            "physical_replication": true,
            "swaps_signal": true,
            "synthetic_replication": true,
            "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": []
        },
        "detected_features": {
            "helo_or_core_options_overlay": false,
            "physical_replication": true,
            "has_epm_only_evidence": true,
            "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": 2604,
            "completion_tokens": 438,
            "total_tokens": 3042,
            "raw": {
                "prompt_tokens": 2604,
                "completion_tokens": 438,
                "total_tokens": 3042,
                "cost": 0.0017424,
                "is_byok": false,
                "prompt_tokens_details": {
                    "cached_tokens": 0,
                    "cache_write_tokens": 0,
                    "audio_tokens": 0,
                    "video_tokens": 0
                },
                "cost_details": {
                    "upstream_inference_cost": 0.0017424,
                    "upstream_inference_prompt_cost": 0.0010416,
                    "upstream_inference_completions_cost": 0.0007008
                },
                "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": 2604,
            "completion_tokens": 438,
            "total_tokens": 3042,
            "input_cost_usd": 0.0010416,
            "output_cost_usd": 0.0007008,
            "estimated_cost_usd": 0.0017424,
            "pricing_basis": "openrouter_usage_cost"
        },
        "review": {
            "validator_verdict": "fail",
            "publishable": false,
            "confidence": 0.92,
            "summary": "The assessment claims synthetic replication and swap usage as hard-complex signals but lacks direct product-specific evidence to substantiate these features. The supporting evidence only shows generic derivative permission language and securities lending, which do not prove actual swap exposure or synthetic replication. The derivatives_epm_only=true flag conflicts with synthetic_replication=true and swaps=true without core derivative evidence. No HELO or option overlay strategy is present, so no reclassification needed there. The product is physically replicated, and the derivative use appears ancillary, but the hard-complex signals require direct evidence to justify the complex classification under strict policy. Therefore, the assessment is internally inconsistent and not publishable as-is.",
            "issues": [
                {
                    "severity": "fail",
                    "code": "hard_complex_signal_without_direct_evidence_synthetic_replication",
                    "message": "signals.synthetic_replication=true but no supporting_evidence quote directly substantiates that hard-complex feature."
                },
                {
                    "severity": "fail",
                    "code": "swaps_true_without_direct_swap_evidence",
                    "message": "signals.swaps=true but no supporting evidence quote directly mentions a swap, TRS or CFD."
                },
                {
                    "severity": "fail",
                    "code": "derivatives_epm_only_conflicts_with_synthetic_replication_and_swaps",
                    "message": "derivatives_epm_only=true conflicts with synthetic_replication=true and swaps=true without core derivative evidence."
                }
            ],
            "suggested_repairs": [
                "Add product-specific supporting evidence explicitly mentioning swaps, TRS, CFDs, or synthetic replication methodology to substantiate these hard-complex signals.",
                "If such evidence cannot be provided, set synthetic_replication=false and swaps=false to avoid unsupported hard-complex signals.",
                "Reclassify derivatives_epm_only to derivatives_mentioned if only generic permission or ancillary use is evidenced.",
                "Ensure supporting_evidence quotes directly match the signal labels, especially for hard-complex signals."
            ]
        }
    }
}