diff --git a/REFACTORING-AUDIT.md b/REFACTORING-AUDIT.md
index 4f6c6e8..17f60e6 100644
--- a/REFACTORING-AUDIT.md
+++ b/REFACTORING-AUDIT.md
@@ -438,3 +438,4 @@ Migration order implied by the map: isolate shared infrastructure constructors (
 - Market pricing arithmetic now uses typed `application/market.CalculationInput`/`CalculationResult`; the gRPC adapter maps commission persistence values and protobuf fields at the boundary. Existing maker/taker and base/asset side behavior is covered by focused market tests in `e21ecf2`.
 - Market order amount and maker unit-price positivity checks now use `application/market.PositiveAmount`, with existing zero-amount gRPC mapping retained. Focused market tests pass in `192dff4`.
 - Market order status-to-error-code policy now uses `application/market.OrderStatusCode`; the adapter retains existing `allowed` metadata formatting. Focused market tests pass in `9f70b21`.
+- ICO publisher role/participant/side/counter-asset validation now uses `application/market.ValidatePublisherICO`, with existing access-denied and invalid-argument mappings retained. Focused market tests pass in `4ea1f5a`.
diff --git a/REFACTORING-TODO.md b/REFACTORING-TODO.md
index 39f9781..8fdb06f 100644
--- a/REFACTORING-TODO.md
+++ b/REFACTORING-TODO.md
@@ -326,4 +326,4 @@ Append one row whenever a task changes status. Existing rows are never rewritten
 | 2026-08-30 | W013 | `TODO` | `STARTED` | Removed automatic federation creation and federation lookup from wallet initialization; new wallet records no longer receive a federation assignment; full Wallet tests pass in `97dd9d9`. Remaining schema/API/transaction-field cleanup is pending. |
 | 2026-08-30 | W013 | `STARTED` | `DONE` | Removed federation persistence/model code, wallet and transaction federation fields, federation protobuf messages, stale API route/docs, and remaining runtime references; regenerated Wallet contracts for Wallet/Auth/API; Wallet, Auth, and API tests pass. Wallet `a38501d`/`7ae90cc`, Auth `446e875`, API `c450264`/`c2c076c`. |
 | 2026-08-30 | W006 | `TODO` | `STARTED` | Added `application/withdrawal`, `application/deposit`, `application/transfer`, and `application/transaction`; routed IRT reconciliation, IPG conversion/settlement/payer identity, transfer validation, transaction construction/completion, balance-change display policy, insufficient-balance failure policy, Stellar status updates, and transaction-event support through application boundaries; focused Wallet tests pass in `d10ff42`. Balance coordination and business failure/refund orchestration remain. |
-| 2026-08-30 | W007 | `TODO` | `STARTED` | Added typed `application/market` policies for agreement tolerance, available amount, raw conversion, positive order inputs, order status codes, and market pricing calculation; market ICO/order validation and calculation delegate through compatibility mapping. Focused market tests pass in `9f70b21`. Order lifecycle, settlement, contract generation, and adapter extraction remain. |
+| 2026-08-30 | W007 | `TODO` | `STARTED` | Added typed `application/market` policies for agreement tolerance, available amount, raw conversion, positive order inputs, ICO publisher validation, order status codes, and market pricing calculation; market ICO/order validation and calculation delegate through compatibility mapping. Focused market tests pass in `4ea1f5a`. Order lifecycle, settlement, contract generation, and adapter extraction remain. |