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Legal Citation Validation

Legal Language Simplification and Explanation

B2B Terms Summarisation

Risk Assessment for Business Proposals

Regulatory Update Impact Assessment

Organisational Risk Tolerance Analysis for Contracts and Policies

Legal Document Summary

Contract Clause Categorisation

Compliance Analyst

Regulatory Update Impact Assessment

This agentic AI task automates regulatory compliance impact assessment - essential for legal and compliance agents. The task configuration outlines how to:

  • Analyze regulatory updates for key requirements and changes

  • Map impacts across organizational contracts and policies

  • Evaluate compliance gaps and necessary modifications

  • Prioritise remediation actions based on risk levels

  • Generate comprehensive impact assessment reports


As a modular task, it integrates with regulatory databases and contract management systems, enabling AI agents to execute systematic compliance analysis within existing governance workflows. The task specification includes outputs for regulatory interpretation, impact evaluation, and action planning, adaptable across various regulated industries and compliance frameworks.

Example outputs:

{
  "update_summary": "The Financial Conduct Authority (FCA) has introduced new requirements for financial institutions regarding customer data protection and consent management, effective from 1 January 2025.",
  "affected_areas": [
    "Customer data management",
    "Privacy policies",
    "Consent forms",
    "Data processing agreements",
    "Customer communication protocols"
  ],
  "impact_assessment": [
    "Current privacy policies do not meet the new explicit consent requirements",
    "Existing data processing agreements with third-party vendors need revision",
    "Customer communication protocols require updates to include new rights notification",
    "Data retention periods in current policies exceed new maximum limits"
  ],
  "required_changes": [
    "Update privacy policies to include explicit consent mechanisms",
    "Revise data processing agreements with all third-party vendors",
    "Implement new customer communication protocols for rights notification",
    "Adjust data retention periods in all relevant policies and systems"
  ],
  "action_priorities": [
    "1. Form a cross-functional team to oversee compliance implementation",
    "2. Update privacy policies and consent forms",
    "3. Revise data processing agreements with vendors",
    "4. Implement changes to data retention systems",
    "5. Update customer communication protocols",
    "6. Conduct staff training on new requirements"
  ],
  "overall_impact": "High",
  "compliance_deadline": "1 January 2025"