Linked Figma component assets from separate files do not sync properly.

When working on large projects many designers use a separate file for assets and link the file to the working document for better asset management. In this case components created in a separate file do not update existing instances of that component when changes are made to the master file.
This sample recording was created for Figma's forums.

[@GlennOsness]

Issue resolved by updating library by clicking the little book icon in the upper right corner of the window. Updates are indicated by the blue dot on the book.