{
  "proposal_summary": "The proposal involves launching a new fintech app that allows users to invest in fractional shares of real estate properties across multiple international markets.",
  "identified_risks": [
    {
      "description": "Potential violation of securities regulations in target markets",
      "severity": "High",
      "likelihood": "Medium"
    },
    {
      "description": "Data privacy concerns due to handling of user financial information",
      "severity": "High",
      "likelihood": "High"
    },
    {
      "description": "Anti-money laundering (AML) compliance challenges",
      "severity": "High",
      "likelihood": "Medium"
    },
    {
      "description": "Intellectual property infringement risks in app features",
      "severity": "Medium",
      "likelihood": "Low"
    },
    {
      "description": "Potential liability for investment advice provided through the app",
      "severity": "Medium",
      "likelihood": "Medium"
    }
  ],
  "mitigation_measures": [
    "Conduct a thorough legal review of securities regulations in each target market and obtain necessary licenses",
    "Implement robust data encryption and protection measures; ensure GDPR compliance for EU markets",
    "Develop comprehensive AML policies and implement advanced transaction monitoring systems",
    "Perform an IP audit of all app features and secure necessary patents or licenses",
    "Include clear disclaimers about investment advice and consider obtaining financial advisor licenses where required"
  ],
  "risk_priority": [
    "1. Data privacy compliance",
    "2. Securities regulation compliance",
    "3. AML compliance",
    "4. Investment advice liability",
    "5. Intellectual property infringement"
  ],
  "overall_risk_assessment": "High",
  "additional_considerations": [
    "Consider phased rollout to manage regulatory complexities across different markets",
    "Engage local legal counsel in each target market for specific regulatory guidance",
    "Develop a robust user agreement and terms of service to mitigate potential legal issues",
    "Consider obtaining additional insurance coverage for technology errors and omissions"