An FMI has clear and transparent governance that promotes its safety and efficiency and supports financial stability and wider public interest. It sets objectives that put safety and efficiency first, documents lines of responsibility and discloses them, specifies the board's roles and conflict-of-interest procedures, seats suitable members including non-executives, defines management roles, has the board adopt a risk-management framework with a risk-tolerance policy while giving risk and control functions authority and independence, and ensures major decisions reflect the legitimate interests of direct and indirect participants.
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.