# Review a new product or initiative for compliance risks before launch

Runs a pre-launch compliance review of a new product, market, or process change and lists requirements, gaps, and launch conditions.

- Topic: Legal & Compliance
- Framework: RTF
- Level: Standard
- Tags: Legal, Finance, Analyze, Fill-in Template
- Source: https://www.thinkwithprompt.com/prompts/review-a-new-product-or-initiative-for-compliance-risks-before-launch

## Prompt

```text
Help me do a compliance review of a new product, service, or initiative before launch.

**What is launching:** [DESCRIPTION - product, feature, market entry, channel, partnership, process change]
**Customers and geographies:** [WHO and WHERE]
**How it works end to end:** [onboarding, pricing, data collected, payments, marketing, third parties involved]
**Regulations and internal policies I think apply:** [LIST, or "help me identify areas to check"]
**Launch date:** [DATE]

Review and return:
1. **Compliance areas to assess** - e.g. consumer protection, marketing claims, privacy and data use, licensing, financial crime, accessibility, sector rules, tax, contractual commitments. For each, why it is triggered.
2. **Key questions for the product team** under each area.
3. **Risk table** - columns: Area, Requirement or concern, Current design, Gap, Severity, Fix, Owner role.
4. **Must-fix before launch** versus can-fix-after-launch with monitoring.
5. **Controls needed after launch** - monitoring, complaint tracking, periodic review.
6. **Approval memo** - a half-page summary for the product approval committee with conditions.

Rules: identify areas to check and questions to ask; do not state that a specific law applies or is satisfied unless I have given you the text - mark [CONFIRM WITH LEGAL]. This is general information, not legal advice.
```

## What to fill in

- WHO and WHERE
- LIST, or "help me identify areas to check"
- DATE
- CONFIRM WITH LEGAL

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