Fulfil regulatory requirements in a cost-effective way
VERAS from Lifetime Legal, an established, expert provider of complex compliance services that closely follow the latest HMRC Guidance ensuring Estate Agents satisfy their compliance obligations.
Let’s build something that is going to significantly enhance your clients’ experience
Industry regulations have put additional pressure on Estate Agents. Most estate agents use online ‘compliance’ services that perform no more than ID checks. Self-taught in-house enhanced due diligence can be far from compliant, directly exposing business owners and directors to UK criminal law and HMRC fines.
Fast and Efficient
Veras enables a business wide approach to managing Anti Money Laundering obligations including enhanced due diligence with pre-defined processes, workflows and investigative paths. 95% of clients verified at first contact and over 80% of EDD cases are completed within 2 days of contact.
We do the Legwork
Its starts with a comprehensive risk assessment carried out for the all individual and company. If a case is referred or carries a Warning, no matter how complex the reasons, the Veras team carry out Enhanced Due Diligence and report a true Pass or Fail with a full audit trail.
Speed up your customer on boarding
Detailed and Beneficial ownership checks
In depth Investigation of High Risk Customers
Fast Track processes for repeat VIP clients
Fully Auditable Process, managers and supervisors can monitor and take corrective actions
Integration with data providers such as Experian, Dow Jones, World Check and others
TESTED AND PROVEN
Major brands across the UK have enjoyed a fully managed compliance service for some time. It’s time for you to join them.
The Compliance service safeguards our business and enables a unified (and auditable) approach across our office network. Quick and effective processes mean no delays bringing properties to market or progressing an offer.
Your AML compliance process provides case tracking, removes the need for double-keying and offers an ongoing proactive relationship with our front line teams – all of which sits seamlessly with our CRM and internal processes. This has provided tangible value to our customers, ensuring that our teams are proud to offer our legal proposition and confident in discussing compliance requirements.
It was an easy decision to choose you as our preferred supplier. All our AML compliance is taken care of, alleviating the need to obtain the information internally. This takes pressure off my sales team, releasing time for them to focus on their sales role. You take the ‘AML headache’ away from us.