Step 02 / Explore the workbook
See the risks. Understand the controls.
A visual view of what is inside the Insurance and mortgage intermediaries edition, before you open Excel. Choose a tab to explore the illustrative worked example.
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Insurance and mortgage intermediaries
Financial crime risk assessment · illustrative example firm: Wrenfield Cove Intermediaries Limited
- 33
- Pre-seeded risk factors
- 5
- Risk categories
- 02
- High or very high inherent risks
- 00
- Categories above appetite
Editable in your copy
Regulation 18(2)(b)
Illustrative profile
After example controls
Top example risks
Showing the top 7 of 33 scored factors. Pre-seeded factors you can edit, remove or add to in Excel. Residual is the category position after example controls.
| Risk factor | Score | Inherent | Residual | Theme |
|---|---|---|---|---|
| Property-backed lending and purchase | 12 | High | Medium | Products or services |
| Fraudulently obtained mortgages and deposits | 12 | High | Low | Transactions |
| AI-enabled document fraud and identity circumvention | 9 | Medium | Low | Delivery channels |
| Outsourcing and third-party delivery | 9 | Medium | Low | Delivery channels |
| Customers found to have provided false or stolen identification | 9 | Medium | Low | Customers |
| Investment-type life products | 9 | Medium | Medium | Products or services |
| Payments from unknown or unassociated third parties | 9 | Medium | Low | Transactions |
See the actual workbook · real Excel sheets, rendered from the example file
Built from the same data and formulas as the worked-example workbook, for an invented firm. All figures are illustrative.
About the Insurance and mortgage intermediaries edition
Insurance and mortgage intermediaries, including life and protection advisers. Insurance intermediaries are within the Regulations when acting in respect of long-term insurance contracts (reg 10(2)(f)). Mortgage intermediaries are not named in that definition, so confirm with your supervisor whether you are a relevant person; the method still supports your financial crime risk assessment. The NRA 2025 rates the insurance sector as low risk for money laundering, with higher risk in investment-type life products.