If information obtained about a client's beneficial ownership is materially inconsistent with information recorded at Companies House, including the PSC Register or Register of Overseas Entities, you must report the discrepancy to the MLRO in accordance with the Reporting Discrepancies Policy.
You must not assume that the public register is correct or amend Keystone's records simply to match it. The discrepancy must be investigated and the Firm's position documented. The MLRO will determine whether an external discrepancy report is required, subject to any relevant considerations of legal professional privilege.