Investment governance is robust. Baseline: investment strategy approved and reviewed by the board with evidence of board responsibility; senior management and board understand and challenge strategy and risks; clearly defined responsibilities; periodic review of strategy; compliance with investment policies. Higher levels add second or third line support of reviews, challenge of manager selection and allocation changes, consistency with the internal model and training of decision makers in relevant asset classes.
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.