Draft a reportable-breach assessment and notification
Key facts
- Human involvement
- RedLawyer-led
- How AI is used
- The tool writes no part of the notification: the lawyer drafts every answer lodged in ASIC's prescribed form. From the complaint records, system logs, remediation notes and the file notes showing when each fact became known, build a dated chronology, table those facts against the reportable-situation tests and significance factors the lawyer has named, mark every affected-client count, loss figure and stated cause that still has no source, and compare the lawyer's own drafted answers back to those documents and to the fields the current portal form requires.
- What the lawyer must review
- The lawyer decides whether the incident is a reportable situation and fixes the date the licensee first had reasonable grounds to believe it, because that date starts the reporting clock; the chronology is material for that decision, not the decision. The lawyer then reads their own drafted answers against the source documents, satisfies themselves that the description of cause, client impact and remediation says no more and no less than the file supports, considers whether the same facts are also reportable under the credit licence and to affected clients, and records who authorised lodgement.
- Written for / version
- Cth
Open a jurisdiction version of this task to see which instruments apply.
Who does what
| Role | What they do |
|---|---|
| Assistance | Supporting preparation only. Potential support includes preparing preliminary structure or wording and summarising source material. Confirm the tool’s capability and permitted scope. Substantive advice, judgement and any restricted content remain with the responsible human. |
| Lawyer | Perform the substantive analysis and decisions. Independently check any permitted supporting work and approve the exact output for its intended use. |
Checklist
- Verify dates, people and sequence against contemporaneous records. Preserve uncertainty and identify gaps or conflicting accounts.
- 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.