Build an AI-use gap table against s 912A, ASIC REP 798 and the APRA AI letter
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- Map AI uses to the six REP 798 domains (accountability, risk, harm, transparency, oversight, vendors) and draft a gap register covering the ASIC and APRA letters named.
- What the lawyer must review
- Include ASIC's May 2026 open letter (26-092MR)
- For APRA entities, include APRA's April 2026 AI letter
- Check each use case's risk rating and s 912A(1)(a) and (1)(h)
- Check CPS 230 (from 1 July 2025)
- Look for gaps beyond the tool's list
- Written for / version
- Commonwealth versionCth
Rules that apply
The document starts from the task name. Change it if this piece of work is different.
Who does what
| Role | What they do |
|---|---|
| Assistance | Potential support includes preparing preliminary structure or wording. Confirm the tool’s capability and permitted scope. |
| Lawyer | Set the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output. |
Checklist
- Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
- Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.