You are right. If the system OSC isn't being used, you do not need to set the OSC_CR , bit 7.
RTC is powered by VBAT.
MCG_C2 = 0 and MCG_C7 =0x01, that is OK
Please also check the RTC Control Register (RTC_CR)
You need to enable OSCE: Oscillator Enable; configure the CLKO, according to your requirement.
SC20, SC4P, SC8P, SC16P, you need to configure them according to the schematic.
Regards
Daniel