RBI recognises Unified Fintech Forum as a Self-Regulatory Organisation for FinTech
RBI examined the application of UFF against its SRO-FT Framework. FinTech Association for Consumer Empowerment (FACE) was recognised as the first SRO-FT in August 2024.
Key facts
- Who it affects
- Fintech companies
- What it is
- New facility
- Section
- FEMA & RBI
- Published
- 10 September 2026
In 30 seconds
- Unified Fintech Forum (UFF) recognised as an SRO in the FinTech sector on 10 September 2026.
- Its application was examined against the requirements of RBI’s SRO-FT Framework.
- FACE was the first SRO-FT, recognised by press release dated 28 August 2024.
हिंदी में सार
RBI ने Unified Fintech Forum (UFF) को फिनटेक सेक्टर के Self-Regulatory Organisation (SRO-FT) के रूप में मान्यता दी है। इससे पहले अगस्त 2024 में FACE को पहली SRO-FT की मान्यता मिली थी।
The recognition
The Reserve Bank received an application from the Unified Fintech Forum (UFF) seeking recognition as a Self-Regulatory Organisation in the FinTech Sector (SRO-FT). After examining it against the requirements of the Framework, RBI has decided to accord recognition to UFF (CIN U91990KA2016NPL096977).
Background
RBI had recognised the FinTech Association for Consumer Empowerment (FACE) as the first SRO-FT by its press release dated 28 August 2024.
The press release is a short one; it does not set out any new obligation for fintech companies.
Published 10 September 2026. Updated 14 October 2026. This report is for general information and is not professional advice. Read the source document before acting on it.