An FMI has a sound framework for managing legal, credit, liquidity, operational and other risks across the whole of its business. It has policies, procedures and systems to identify, measure, monitor and manage risks and reviews them periodically; gives participants incentives to contain the risks they pose; regularly reviews risks from interdependencies with other FMIs, settlement banks, liquidity providers and service providers; and identifies scenarios that could stop critical services, then prepares recovery or orderly wind-down plans and gives authorities information for resolution planning.
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.