Undertakings must have processes ensuring appropriate, complete and accurate data for technical provisions (approximations are allowed only where data are insufficient), regularly compare best estimates and assumptions against experience and adjust methods for systematic deviation, and on request demonstrate the appropriateness of the level of technical provisions, methods and data. The Delegated Regulation requires validation at least annually (data, grouping, approximations, assumptions including future management actions, methods, level) separately by risk group and component, and documentation of data directories, assumptions with justification and changes, method selection and validation.
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.