---
title: "Prepare the accountability statement and accountability map for an accountable person"
url: "https://ailawframework.com/practice/financial-services-regulation/prepare-the-accountability-statement-and-accountability-map-for-an-accou"
type: "task"
site: "AI Law Framework"
id: "A28-X20260927-6"
practice_area: "Financial Services Regulation (AFSL/ASIC/credit)"
tier: "yellow"
lawyer_review: "required"
last_reviewed: "2026-10-22"
---

# Prepare the accountability statement and accountability map for an accountable person

> Draw the responsibilities out of the position description, delegations and organisational chart into the regulator's statement template and, under the lawyer's direction, help draft the statement text and the map,…

Canonical page: https://ailawframework.com/practice/financial-services-regulation/prepare-the-accountability-statement-and-accountability-map-for-an-accou  
Last reviewed: 2026-10-22

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

## Key facts

| Fact | Value |
| --- | --- |
| Practice area | [Financial Services Regulation (AFSL/ASIC/credit)](https://ailawframework.com/practice/financial-services-regulation.md) |
| Human involvement | Yellow: Lawyer and AI draft together |
| How AI is used | Draw the responsibilities out of the position description, delegations and organisational chart into the regulator's statement template and, under the lawyer's direction, help draft the statement text and the map, listing any prescribed key function not yet allocated. |
| What the lawyer must review | The lawyer confirms who is an accountable person, tests that the statement captures that person's actual responsibilities without gaps or overlaps, confirms every key function is allocated to a named person, and confirms the map reflects the real reporting lines before the person signs. |
| Written for / versions | 1 jurisdiction versions below |

## Checking plan

**Source-by-source verification**

Trace relied-on content to independent sources and check for relevant material the output has missed.

- What the AI does: Draw the responsibilities out of the position description, delegations and organisational chart into the regulator's statement template and, under the lawyer's direction, help draft the statement text and the map, listing any prescribed key function not yet allocated.
- What the lawyer does: The lawyer confirms who is an accountable person, tests that the statement captures that person's actual responsibilities without gaps or overlaps, confirms every key function is allocated to a named person, and confirms the map reflects the real reporting lines before the person signs.
- Who reviews: Responsible lawyer with competence in the matter
- Basis: Practical workflow informed by the linked primary sources; the traffic light and working checks are editorial guidance, not a court classification.
- Why: The level reflects what the work is, the consequence of an error, and how much of the output the lawyer must independently re-derive.

## Checks the lawyer makes

1. Confirm the instructions, the jurisdiction and the complete relevant material before starting.
2. The lawyer confirms who is an accountable person, tests that the statement captures that person's actual responsibilities without gaps or overlaps, confirms every key function is allocated to a named person, and confirms the map reflects the real reporting lines before the person signs.
3. Check the output against the source documents named in it before it is relied on.

## Notes

- These are suggested working checks. Confirm the required checking with the responsible lawyer before work starts; the checking approach does not establish permission to use AI.

## Sources

- [https://www.apra.gov.au/financial-accountability-regime/apra-connect-far-reporting-forms-instruction-guides/financial](https://www.apra.gov.au/financial-accountability-regime/apra-connect-far-reporting-forms-instruction-guides/financial) (checked 2026-09-27)
- [https://www.asic.gov.au/regulatory-resources/financial-services/financial-accountability-regime](https://www.asic.gov.au/regulatory-resources/financial-services/financial-accountability-regime) (checked 2026-09-27)
- [https://www.asic.gov.au/regulatory-resources/find-a-document/regulatory-guides/rg-279-financial-accountability-regime-information-for-accountable-entities](https://www.asic.gov.au/regulatory-resources/find-a-document/regulatory-guides/rg-279-financial-accountability-regime-information-for-accountable-entities) (checked 2026-09-27)

## Jurisdiction versions

| Jurisdiction | Level |
| --- | --- |
| [United States](https://ailawframework.com/practice/financial-services-regulation/prepare-the-accountability-statement-and-accountability-map-for-an-accou/united-states.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.*