FDM.3:7 - Conformance Checklist
For the intended flow use, examine whether:
- The arrangement, parties, relevant terms and initial state are identified.
- Event conditions, amounts, currencies, timing and state updates follow the applicable terms or explicit assumptions.
- The representation retains the branches and ordering that can change the answer.
- Contractual, scenario, expected and actual flows remain distinguishable.
- Missing terms and uncertain inputs are exposed where they affect the result.
- A valuation or decision claim uses the further method and evidence it requires.
A generated schedule demonstrates the calculation under its inputs. It does not establish valid formation, future performance or financial suitability.