The Co-operative Legal Services Strengthens Its Offering to Customers with Landmark Information Group

 

 

Released on: September 20, 2010, 4:36 am
Author: Co-operative Legal Services
Industry: Law

• The Co-operative Legal Services (CLS) are to use Landmark Information Group’s Anti-Money Laundering tool to assist in compliance with AML regulations
• CLS to also adopt Landmark Financial Asset Search to support its probate team in identifying potentially lost or forgotten assets that should be distributed as part of the administration of an estate
• CLS is part of The Co-operative Group, the largest consumer-owned co-operative in the UK with over 5.5 million members and over 21 million customers

Landmark Information Group today announced that The Co-operative Legal Services (CLS) will be using its Anti-Money Laundering (AML) and Financial Asset Search (FAS) solutions to further strengthen its offering to its customers. As the leading supplier of property and environmental information, Landmark provides comprehensive solutions to assist legal professionals with their search obligations; as well as providing their clients with peace of mind.

James Sherwood-Rogers, Managing Director of Landmark Legal & Financial, said: “To secure this business from such a prestigious and industry-leading firm demonstrates the strength and credibility both Landmark and its products have within the legal sector. Money laundering is a significant issue that law firms cannot afford to overlook and CLS recognises Landmark’s AML is the most effective solution to ensure compliance with AML legislation. Similarly, our ground-breaking Financial Asset Search is a valuable aid for probate practitioners and executors in helping with their search obligations and provides complete confidence that searches undertaken are all-inclusive. CLS provides a comprehensive suite of consumer legal services and we are delighted they have selected Landmark’s Anti-Money Laundering tool and Financial Asset Search as their solutions of choice for their extensive client base.”

Launched in 2006 as part of The Co-operative Group, the largest consumer-owned co-operative in the UK with in excess of 5.5 million members and over 21 million customers, CLS is an industry leader in will writing, probate, conveyancing, employment law and accidents or injuries claims.

Eddie Ryan Managing Director of CLS said: “Championing our member’s interests has always been central to The Co-operative Group’s strategy. Landmark has proven expertise and a reputation for superb services. We are impressed by Landmark AML and Landmark FAS, which both add value to our current services and we have already seen fantastic results for our clients.

“It is not just the services they provide, however, that has led to CLS working with Landmark,” continues Eddie. “We are committed to offering straightforward, value-for-money services and have a strong ethos of honesty, trust and social responsibility; core values that Landmark shares. We are delighted to be working with them and look forward to a highly successful and mutually beneficial working relationship.”

Landmark AML (www.landmarkaml.co.uk) is a comprehensive customer due diligence verification tool that analyses a range of best-of-breed data sources to assist in compliance with AML legislation. Advisors can undertake checks on the electronic search system, which provides a full audit trail and carries out both positive and negative checks on the background of clients. Checks include government databases such as the Politically Exposed Persons (PEP) list and terrorist sanctions files.

Landmark FAS (www.landmarkfas.co.uk) is a cost-effective groundbreaking solution which supports probate practitioners and executors with their search requirements. It enables executors to verify the validity of the Will, identify potentially lost or forgotten assets and undertake a detailed share search. The online search can be used as a single point of reference to help identify potentially lost or forgotten assets that should be distributed as part of the administration of an estate.

For further information on Landmark’s AML and FAS, visit www.landmarkaml.co.uk / www.landmarkfas.co.uk.
- Ends -

Issued on behalf of Landmark Information Group by Grayling. For further information please contact:
Caroline MacLeod T. 020 7025 7529 E. caroline.macleod@grayling.com
Rebecca Potter T. 020 7025 7516 E. rebecca.potter@grayling.com

For further information on Landmark Information Group visit www.landmark.co.uk or call 0844 844 9966.

Notes to editors:

Landmark Information Group
Landmark Information Group, part of the Daily Mail General Trust, is the UK’s leading supplier of digital mapping services, property, and environmental risk information. Landmark supplies comprehensive data electronically to a wide range of professionals in conveyancing, property, environment and government. www.landmark.co.uk

The Co-operative Legal Services
The Co-operative Legal Services (CLS), part of The Co-operative Group, the UK’s largest mutual retailer, provide a range of legal services to members and customers covering Will writing, Probate & Estate Administration, Conveyancing, Employment and Personal Injury Claims. A wide range of free legal advice is also provided. The Co-operative Legal Services is a trading name of The Co-operative Trust Corporation Limited and Co-operative Legal Services Limited, part of Co-operative Group Limited.

For more information on The Co-operative Legal Services visit http://www.co-operative.coop/legalservices/probate/

Contact Details: Aztec 650
Aztec West
Almondsbury
Bristol
BS32 4SD

probate@theco-operativelegal.co.uk

 

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