Gap-check an AFSL holder's AI governance against ASIC REP 798
MaintainedLast reviewed
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- Map the client's AI inventory and policies to REP 798 findings and list gaps.
- What the lawyer must review
- Decide significance under general obligations and advise.
The work product
Forum. Commonwealth
Produce. Gap-check an AFSL holder's AI governance against ASIC REP 798
Have ready. ASIC REP 798; The matter instructions and the documents the output will rely on..
Example of the limit. Stop before the result is filed, sent or relied on. Decide significance under general obligations and advise.
Stop and hand it back when
- The cited source is not the instrument that applies to this forum or this date.
- The output states a fact, date, citation, figure or commitment that is not in the instructions or the source.
- The responsible lawyer has not approved the exact output for its intended use.
Sources for this task were checked on 2026-10-10.
Who does what
| Role | What they do |
|---|---|
| Assistance | Map the client's AI inventory and policies to REP 798 findings and list gaps. |
| Lawyer | Set the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output. |
Checklist
- Open the cited source and confirm it is the current instrument for this forum and this date.
- Decide significance under general obligations and advise.
- Compare the output with the source and the instructions, including material the output left out.
- The responsible lawyer approves the exact output for its intended use, or sends it back.
Sources
- ASIC REP 798 · 2026-10-10
Suggested working checks from the linked public sources. Read the source and confirm it applies to this forum and this date. The checks do not approve software or record that the work is done.