Review an open-banking or consumer-data-sharing participation agreement
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- Extract data-holder, recipient and API obligations from the agreement and line them up against the rules the lawyer has named, marking gaps.
- What the lawyer must review
- Open the current data standards and rules
- Do not treat a heading match as compliance
- Written for / version
- Cth
Open a jurisdiction version of this task to see which instruments apply.
Who does what
| Role | What they do |
|---|---|
| Assistance | Potential support includes extracting and organising information. 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
- Review operative clauses in the complete document, including definitions, cross-references, schedules and inconsistencies with the instructions.
- Verify the applicable jurisdiction and the version of each relevant law, rule or instrument in force at the material time.
- 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.