{
    "ok": true,
    "_meta": {
        "validator": "oppl_complex_asset_json_validator",
        "validator_version": "1.1.1",
        "captured_at_utc": "2026-08-08T12:04:38+00:00",
        "captured_unix": 1786190678,
        "input_source": "url",
        "input_url": "https://oppl.ai/llms/runs/etf/IE00BDR55471_balanced_latest.json",
        "source_assessment_hash": "deddb52fdc820731741899d2e36e8a85a380d9e35b34f4b083631ef44bf229c5",
        "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": "IE00BDR55471",
    "classification": "complex",
    "policy_mode": "balanced",
    "decision_rule_applied": "balanced_etf_swap_complex_rule",
    "validator_verdict": "fail",
    "publishable": false,
    "confidence": 0.92,
    "issue_count": 4,
    "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"
        }
    ],
    "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.",
        "Remove or downgrade unsupported synthetic_replication signal or add product-specific evidence explicitly proving synthetic replication (e.g. wording like 'Indirect Replication methodology', 'Replication type: Synthetical', or explicit total return swap usage).",
        "Remove or downgrade swaps=true signal or add direct supporting evidence explicitly mentioning swap, TRS, or CFD usage.",
        "Ensure that derivatives_epm_only=true is consistent with the absence of core derivative strategy evidence and that no hard-complex signals rely solely on permission or ancillary derivative use.",
        "Verify that no generic derivative permission evidence is labelled as derivatives_epm_only if derivatives_epm_only=false; in this case derivatives_epm_only=true is consistent but unsupported hard signals remain.",
        "After repair, reassess classification consistency and update supporting evidence accordingly."
    ],
    "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": "balanced",
            "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": 2603,
            "completion_tokens": 401,
            "total_tokens": 3004,
            "raw": {
                "prompt_tokens": 2603,
                "completion_tokens": 401,
                "total_tokens": 3004,
                "cost": 0.0016828,
                "is_byok": false,
                "prompt_tokens_details": {
                    "cached_tokens": 0,
                    "cache_write_tokens": 0,
                    "audio_tokens": 0,
                    "video_tokens": 0
                },
                "cost_details": {
                    "upstream_inference_cost": 0.0016828,
                    "upstream_inference_prompt_cost": 0.0010412,
                    "upstream_inference_completions_cost": 0.0006416
                },
                "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": 2603,
            "completion_tokens": 401,
            "total_tokens": 3004,
            "input_cost_usd": 0.0010412,
            "output_cost_usd": 0.0006416,
            "estimated_cost_usd": 0.0016828,
            "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, which is insufficient to confirm material or strategy-defining derivative exposure. This violates internal consistency and Oppl policy requiring direct evidence for hard-complex signals. Consequently, the classification as complex under the balanced mode decision rule is unsupported and the JSON is 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."
                }
            ],
            "suggested_repairs": [
                "Remove or downgrade unsupported synthetic_replication signal or add product-specific evidence explicitly proving synthetic replication (e.g. wording like 'Indirect Replication methodology', 'Replication type: Synthetical', or explicit total return swap usage).",
                "Remove or downgrade swaps=true signal or add direct supporting evidence explicitly mentioning swap, TRS, or CFD usage.",
                "Ensure that derivatives_epm_only=true is consistent with the absence of core derivative strategy evidence and that no hard-complex signals rely solely on permission or ancillary derivative use.",
                "Verify that no generic derivative permission evidence is labelled as derivatives_epm_only if derivatives_epm_only=false; in this case derivatives_epm_only=true is consistent but unsupported hard signals remain.",
                "After repair, reassess classification consistency and update supporting evidence accordingly."
            ]
        }
    }
}