Keeps the gear in place.
If you didn’t replace everything in that diagram then there is your problem.
It was a lesson hard learned because I tried to save $5 on a bushing and circlip once and it cost me an additional $800 imparts and a race win.
As long as that one cover bolt thats not as tight as it should be doesn't leak or cause any other problems I'll run it.
As Mike said all the smalls should have been done too! Consumables!
I thought this bike was a long term keeper?
I'm a believer in having everything for a job on a bike there and do it once if possible, obviously you'll find other wear the deeper you go but when doing a particular assembly all smalls should go!