Intellectual Property Rights Policy¶
| Owner | Classification | Review Date | Status |
|---|---|---|---|
| CDO Office | Internal | April 2027 | Active |
| Document Type | Policy |
|---|---|
| Owner | CISO |
| Classification | Confidential |
| Review Cycle | Annual |
| Document # | SP-IPR-022 |
|---|---|
| Document Title | Intellectual Property Rights |
| Version | V1.3 |
| Confidentiality Level | Class 2 (Private Data / Confidential) |
| Date Created | 26/03/2021 |
| Issue Date | 05/09/2025 |
| Document Owner | Head of Human Resource and Admin |
| Author(s) | Simpaisa |
| Purpose | To ensure that Labelling of Information is done clearly. |
| Authorised By | Yassir Pasha |
Reviewed By Steering Committee¶
| Name | Role |
|---|---|
| Yassir Pasha | Chief Executive Officer |
| Kamil Shaikh | Chief Operating Officer |
| Osama Hashmi | Chief Financial Officer |
| Bachir Njeim | Chief Strategy and Operations Officer |
| Saqlain Raza | Acting Chief Technology Officer |
| Rizwan Zafar | Chief Product Officer |
| Ahsan Hussain | Payment Channel Partnerships |
| Danish Abdul Hameed | Chief Information Security Officer |
| Shahroze Khan | Head of International Merchant Sales and Strategic Alliances |
| Noor Ali | Country Head Pakistan |
| Shoukat Bizinjo | Global Head of Regulatory Affairs — Regulatory |
Change Control¶
| Version | Date of Issue | Author(s) | Brief Description of Changes | Approved By |
|---|---|---|---|---|
| V1.0 | 08/04/2021 | Rizwan Zafar | Initial release | Salim Karim |
| V1.1 | 07/02/2022 | Rizwan Zafar | Annual review | Salim Karim |
| V1.2 | 02/02/2023 | Rizwan Zafar | Annual review | Salim Karim |
| V1.2 | 27/09/2024 | Syed Zubair Ahmed | Annual review | Yassir Pasha |
| V1.3 | 05/09/2025 | Simpaisa | Annual Review | Yassir Pasha |
1 Introduction¶
This policy is designed to let Simpaisa employees achieve their business objectives. Appropriate procedures should be implemented to ensure compliance with legislative, regulatory, and contractual requirements related to intellectual property rights and the use of proprietary software products, so that these can be met in accordance with the business objectives.
2 Implementation Guidance¶
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Acquiring software only through known and reputable sources, to ensure that copyright is not violated.
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Maintaining awareness of policies to protect intellectual property rights and giving notice of the intent to take disciplinary action against personnel breaching them.
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Maintaining appropriate asset registers and identifying all assets with requirements to protect intellectual property rights.
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Maintaining proof and evidence of ownership of licences, master disks, manuals, etc.
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Implementing controls to ensure that any maximum number of users permitted within the licence is not exceeded.
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Carrying out reviews that only authorised software and licensed products are installed.
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Providing a policy for maintaining appropriate licence conditions.
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Providing a policy for disposing of or transferring software to others.
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Complying with terms and conditions for software and information obtained from public networks.
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Not duplicating, converting to another format, or extracting from commercial recordings (film, audio) other than permitted by copyright law.
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Not copying in full or in part, books, articles, reports, or other documents, other than permitted by copyright law.
3 Organisational Owned Intellectual Property¶
All product licences or subscriptions taken in use for unofficial work are considered a breach of policy. All C1, C2 information, processes, technology stacks, business logics, product flows, business cases, merchant data, payment channels, and knowledge bases are Simpaisa's intellectual property. Sharing of such information with an unauthorised person, competitor, or any party involved in the same business domain will be considered a breach of policy. People involved in such acts will receive a showcase notice. In response to notices, the committee will decide what action needs to be taken.