---
title: "Draft a market-disclosure announcement and consistency check"
url: "https://ailawframework.com/practice/capital-markets-and-securities-ecm-dcm-and-disclosure/draft-a-market-disclosure-announcement-and-consistency-check"
type: "task"
site: "AI Law Framework"
id: "A4-T1-R2"
practice_area: "Capital Markets & Securities — ECM/DCM and Disclosure"
tier: "yellow"
lawyer_review: "required"
last_reviewed: "2026-09-28"
---

# Draft a market-disclosure announcement and consistency check

> Draft and redraft the announcement wording with the lawyer, from the lawyer's facts brief and the lawyer's recorded materiality assessment.…

Canonical page: https://ailawframework.com/practice/capital-markets-and-securities-ecm-dcm-and-disclosure/draft-a-market-disclosure-announcement-and-consistency-check  
Last reviewed: 2026-09-28

Site index for agents: https://ailawframework.com/llms.txt

## Key facts

| Fact | Value |
| --- | --- |
| Practice area | [Capital Markets & Securities — ECM/DCM and Disclosure](https://ailawframework.com/practice/capital-markets-and-securities-ecm-dcm-and-disclosure.md) |
| Human involvement | Yellow: Lawyer and AI draft together |
| How AI is used | Draft and redraft the announcement wording with the lawyer, from the lawyer's facts brief and the lawyer's recorded materiality assessment. Do not originate any statement about a future matter: forecasts, guidance, accretion, funding and completion expectations are the company's and the lawyer's words, not the tool's. Then check every statement in the draft against prior announcements and prior guidance, the offer document and any cleansing or same-class notice given to the market operator, and list new claims, inconsistencies and figures that do not reconcile. |
| What the lawyer must review | Materiality and disclosure timing under the listing rules and the continuous-disclosure provisions are real-time legal judgments for the lawyer. Read the announcement as it will be released, word for word, and settle the final wording yourself. Verify every figure and factual statement against its source, and satisfy yourself separately that every statement about a future matter has reasonable grounds recorded on the file — there is no source document to check it against. Confirm nothing outruns what the company can substantiate or contradicts earlier disclosure. Nothing is released until the lawyer has settled the wording and the company's authorised officer has approved it; once released it cannot be withdrawn. |
| Written for / versions | 2 jurisdiction versions below |

## Checking plan

**Lawyer review required**

- What the AI does: Draft announcement text from the facts brief and compare it with prior market disclosure on the file, listing new claims and inconsistencies.

## Jurisdiction versions

| Jurisdiction | Level |
| --- | --- |
| [Australia](https://ailawframework.com/practice/capital-markets-and-securities-ecm-dcm-and-disclosure/draft-a-market-disclosure-announcement-and-consistency-check/australia.md) | Red |
| [New Zealand](https://ailawframework.com/practice/capital-markets-and-securities-ecm-dcm-and-disclosure/draft-a-market-disclosure-announcement-and-consistency-check/new-zealand.md) | Red |

*Practice guidance for planning and review. Confirm current primary sources and the requirements of the actual matter. This is general information, not legal advice.*