Lex Legal Practice has played a prominent role in modernising information technology law in Pakistan, specifically having regard to branchless and mobile banking, online marketplace platforms and licensing of digital applications and software in Pakistan.
We have advised a large portfolio of information technology clients in relation to the various registration approvals and license of the State Bank of Pakistan (SBP) and Securities & Exchange Commission of Pakistan (SECP). Our team has structured relationships between investors and founders, along with repatriation of funds including loans and funding from parent and holding companies outside of Pakistan. Our expertise includes legal advice on the sale, licensing, integration and maintenance of software and digital applications, along with protection of source code and infringement of intellectual property.
Lex Legal Practice is one of the few information technology law firms in Pakistan that are fully conversant with the technical and commercial end of digital payments including mobile wallets, branchless banking, super-agency and sub-agency, cross-platform payment integration, payment gateways, payment aggregation, penetrations testing, risk assessment and allocation of liabilities in the branchless banking and digital sectors of Pakistan.
Our team regularly advises our clients on the following:
Electronic Money Institution (EMI)
Lex Legal Practice successfully assists in obtaining Pakistan’s first "Commercial EMI Pilot Approval" from the State Bank of Pakistan.