{
  "tool_id": "art-581-emir3-simm-approval-scope-classifier",
  "tool_version": "1.0.0",
  "display_name": "EMIR 3 SIMM Approval-Scope Classifier",
  "mcp_name": "classify_emir3_simm_approval_scope",
  "mandate_type": "compliance_mandate",
  "wave": 97,
  "gpu": false,
  "url": "https://ainumbers.co/chaingraph/art-581-emir3-simm-approval-scope-classifier.html",
  "description": "Classifies which EMIR 3 initial-margin model-approval obligations apply to a caller-declared counterparty profile across four items: prior competent-authority (NCA) authorisation before using or changing an initial-margin model under Article 11(12a) (inserted by Regulation (EU) 2024/2987); EBA central validation of a pro forma model's elements and general aspects, also under Article 11(12a), for the ISDA SIMM case; the recurring end-March annual application-data update to the home NCA for an already-authorised SIMM user, under the Article 11(15) supervisory-procedure process; and the 2026 EBA validation-system onboarding window published for SIMM applicants, open through end-August 2026. Each obligation resolves to IN_SCOPE, OUT_OF_SCOPE, or INDETERMINATE, and INDETERMINATE covers every case where a required fact -- a declared home competent authority, or a model-status distinction between a new application and an already-authorised model -- was not supplied; none is guessed toward a passing verdict. Carries zero ISDA SIMM methodology content: no risk weight, correlation, bucket, or sensitivity math, and no reproduction of any ISDA document. Cites EMIR Article 11(12a) and Article 11(15) as amended by Regulation (EU) 2024/2987, re-verified against EUR-Lex and EBA's published process at build; the implementing RTS and Guidelines on initial-margin model authorisation were at public-consultation stage (17 March - 17 June 2026) and not yet finalised as of the build date, stated plainly in-page. Distinct from art-576's Active Account Requirement classifier -- this is the initial-margin model-approval track, not the clearing-obligation track. Stated boundary: this is not legal advice, expresses no ISDA endorsement, and does not perform any methodology-level verification of an actual initial-margin model -- that omission is deliberate and disclosed in-page.",
  "input_schema_ref": "chaingraph/art-581-emir3-simm-approval-scope-classifier.html#manifest",
  "consumes": [],
  "feeds": [],
  "status": "live",
  "conformance_fixtures": true,
  "compute_capability": "server",
  "compute_images": [
    {
      "system": "sha256-source",
      "image_id": "sha256:05b8c0c228321335e7ba3d1133c961b3ba2aebcd9e92f1735833b892d78170ce",
      "valid_from": "2026-07-10"
    },
    {
      "system": "risc0",
      "image_id": "sha256:a1a0bc89b5b1febaeda3519f6dbade0fa5ac16beeb143c4e1b01689573567bc6",
      "valid_from": "2026-08-07"
    }
  ],
  "export_capability": [
    "json"
  ],
  "compute_proof_ready": "ready",
  "deferred_reason": "New shard; awaiting the async GPU proving queue (S18 steady-state).",
  "compute_proof": {
    "type": "ZkVmReceipt",
    "system": "risc0",
    "receiptFormat": "groth16-bn254",
    "imageId": "sha256:a1a0bc89b5b1febaeda3519f6dbade0fa5ac16beeb143c4e1b01689573567bc6",
    "seal": "D58QgjoXXjYmxqpwaV6xKwb7LKzv+VrXPTbVG3oXePooOqdNVVxuLDNGcsXoj22C+9x/xWGP7vWrcYqSg1h5ww+NnxAp3USo+QKZ6lWZ3a4N5v158VKUxYb5S0pMuUCJBGqKshuCEd39i+6hjn5jX0Z1kCpufbuj/cPrz5daLd4ddSHLnwoSXjiSJ+8WHK7c9Vc17Ctuihj6/1iMoJmo0BNBJymzJ0a9HDN5hw4uLJwsiNaE6u860f9cLoIUDbxlGup1RSCPEAdqnJwEOg3TQKZBfri7AuF9/etR0XzO2nsl9JS9E/5+y+dB2o2FTyK0X6/ZsKFqnSZACAtYeSbq1g==",
    "journal": {
      "chaingraph_version": "0.4.0",
      "kernel_digest": "sha256:05b8c0c228321335e7ba3d1133c961b3ba2aebcd9e92f1735833b892d78170ce",
      "output": {
        "as_of_date": "2026-08-07",
        "competent_authority_declared": true,
        "counterparty_type": "financial_counterparty",
        "isda_endorsement": false,
        "methodology_verification": "deliberately_absent",
        "model_status": "new_application",
        "model_type": "isda_simm",
        "obligations": [
          {
            "basis": "EMIR Art. 11(12a): counterparty is subject to the bilateral IM requirement and declares a new model or a model change requiring prior NCA authorisation.",
            "description": "Prior NCA authorisation before using/changing an IM model",
            "obligation_id": "NCA_PRIOR_AUTHORISATION",
            "verdict": "IN_SCOPE"
          },
          {
            "basis": "EMIR Art. 11(12a): the pro forma model case -- elements and general aspects are validated centrally by EBA rather than separately by each NCA.",
            "description": "EBA central validation of pro forma model elements/general aspects",
            "obligation_id": "EBA_CENTRAL_VALIDATION_PROFORMA",
            "verdict": "IN_SCOPE"
          },
          {
            "basis": "EBA validation process under EMIR Art. 11(15): entity declares a new SIMM application not yet authorised -- whether the annual-update cycle applies before initial authorisation completes is not resolved by this classifier.",
            "description": "Annual application-data update to home NCA (end-March)",
            "obligation_id": "ANNUAL_APPLICATION_DATA_UPDATE",
            "verdict": "INDETERMINATE"
          },
          {
            "basis": "SIMM applicant on or before the published end-August 2026 EBA RIM Model Validation System onboarding cutoff.",
            "description": "2026 EBA validation-system onboarding window for SIMM applicants",
            "obligation_id": "EBA_ONBOARDING_WINDOW_2026",
            "verdict": "IN_SCOPE"
          }
        ],
        "subject_to_bilateral_im": true
      }
    }
  }
}