SI 110 of 2019 established the Register of Beneficial Ownership. Regulation 20(3)(b) obliges a designated person carrying out customer due diligence on an entity, or otherwise, forms the opinion that there is a discrepancy between the information in the central register (RBO) and the information the entity must hold in its internal register of beneficial ownership, then the designated person shall deliver, in a timely manner, to the Registrar, notice of that opinion, specifying the particulars as respects which the foregoing discrepancy exists.
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