The financial authority has warned the public that Finexten Transition was not a licensed company.

The entity, marketed as a sub-fund of Finexten SICAV plc, was not registered in Malta and was not licenced by the Malta Financial Services Authority to provide any type of financial services.

It warned the public against entering into any transactions or dealing with this entity.

The authority also reminded customers not to enter into any financial transaction unless they have established that the entity is licensed or authorised to provide these services.

A full list of licensed entities is available on www.mfsa.com.mt.

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