How is a CTC performed?

Could you elaborate on the process of conducting a Crypto Token Compliance (CTC) check? I'm particularly interested in understanding the steps involved, from initial assessment to final verification. Does it involve a thorough analysis of the token's economic model, legal framework, and regulatory requirements? Are there any specific tools or platforms that are commonly used for this purpose? Additionally, what are the key factors that determine the compliance status of a crypto token? Your insight would be greatly appreciated.