The board of supervisors of corporate financial institutions is responsible for supervising and managing the operation of financial institutions, and bears an important supervisory responsibility in the risk management of money laundering. Money laundering risk refers to the act of transforming illegal funds into legal funds by illegal means, involving terrorist financing, capital flow of criminal activities and so on. The board of supervisors shall ensure that financial institutions establish and implement an effective money laundering risk management system, including the formulation of internal control measures, risk assessment and monitoring mechanisms. The board of supervisors shall supervise whether the money laundering risk management policies and procedures of financial institutions comply with relevant laws, regulations and regulatory requirements, and whether they can effectively identify, evaluate and manage money laundering risks. The board of supervisors should also ensure that employees of financial institutions receive necessary training, understand the characteristics and identification methods of money laundering risks, and be able to report suspicious transactions or behaviors in a timely manner. The board of supervisors shall regularly review the effectiveness of the money laundering risk management system of financial institutions and put forward suggestions for improvement and regulatory measures.