Undertakings must provide a risk-management function structured to facilitate the risk-management system and assess the appropriateness of external credit assessments used in technical provisions and the SCR. Each key function must be free from influences compromising objectivity, report to the AMSB, have authority, resources, expertise and unrestricted access to information, and report major problems promptly. The function assists the AMSB, monitors the system and the overall risk profile, reports on exposures and advises on strategic matters, identifies and assesses emerging and sustainability risks, and cooperates with the actuarial function.
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.