I cannot be the only practising solicitor who finds the various and vastly different money laundering requirements within the financial industry to be utter nonsense. In one particular estate, I am one of three executors. The other two are my senior partner and a long-standing client.

We have a grant of probate issued and sealed by the High Court. The deceased had a modest investment with Legal & General worth less than £2,000, which we are seeking to cash. To do so the three executors must sign a form and add their dates of birth, home address and time at that address. In addition, Legal & General requires identification from them in the form of a passport, bank statement, driving licence or utility bill; there is a two-page list. This is unacceptable.

Perhaps the Law Society might do me and my fellow practitioners a service and get together with the financial services industry with a view to stopping this waste of time, resource and money.

David Endicott, Spratt Endicott, Banbury