145. Institutions should require members of the management body to demonstrate their suitability by providing at least the documentation that is required by competent authorities for the assessment of suitability, in accordance with Title VIII and Annex III of these Guidelines.

146. As part of the assessment of the suitability of an individual member of the management body, institutions should:

a. gather information on the member's suitability through various channels and instruments (e.g. diplomas and certificates, recommendation letters, curricula vitae, interviews, questionnaires);

b. gather information on the reputation, integrity and honesty of the assessed individual including assess whether there are reasonable grounds to suspect that ML/TF is being or has been committed or that the risk thereof could be increased;

c. gather information on the independence of mind of the assessed individual;

d. require the assessed individual to verify that the information provided is accurate and to provide proof of information, where necessary;

e. require the assessed individual to declare any actual and potential conflicts of interest;

f. validate, to the extent possible, the correctness of the information provided by the assessed individual;