This was recently answered by Jeffrey Walter on the Launch Developers
slack channel (launch-developers.slack.com) I'll summarize here:Launch
provides the ability to establish callbacks (Webhooks) that will be
POSTED to when a subscribed audit event happens. An Audit event is
described as [resource]:[action] using the resources and actions shown
below.Subscriptions for callbacks are set up using the Launch API as
shown here: Launch Callbacks via API