Tender Details
Description / Scope of Work
CERISMA Pvt Ltd., an Electronic Money Institution operating in the regulated financial services and digital payments ecosystem in Pakistan, invites quotations from qualified and experienced legal firms to provide comprehensive legal advisory and support services on a retainer basis. The engagement encompasses contract and agreement review, regulatory and operational document review, general legal advisory support for EMI operations, and provision of retained legal counsel for day-to-day legal matters. The scope includes contract review and advisory covering commercial agreements, vendor agreements, service agreements, NDAs, and partnership agreements; document review of policies, procedures, customer-facing documentation, terms and conditions, privacy notices, and regulatory submissions; general legal advisory services including day-to-day consultation, legal opinions, memoranda, and guidance on regulatory implications; retained legal counsel support with on-call availability and meeting participation; regulatory compliance support aligned with State Bank of Pakistan and Securities and Exchange Commission of Pakistan requirements; and corporate governance advisory services. The location is CERISMA Head Office in Sindh, Pakistan, with a monthly retainer fee component covering twelve months and an additional hourly rate for services exceeding the retainer scope at fifty hours.
For Bidders: Our Analysis PAKISTANTENDER INSIGHT
Independent analysis by PakistanTender — not part of the official notice. Always confirm details against the original tender document.
This is a twelve-month legal retainer contract for an EMI regulated by SBP and SECP, requiring deep expertise in fintech, digital payments, and financial services law.
The firm must provide on-call advisory, attend meetings, review contracts and regulatory documents, and serve as appointed legal advisor under the Companies Act. The tender structure suggests a mixed engagement combining fixed monthly retainer with hourly overages. The closing date of 29 September 2026 is distant, allowing adequate preparation time. This is a recurring retainer arrangement, not a one-off assignment, indicating potential for relationship continuity.
Who can bid: The notice does not explicitly state eligibility criteria. Typically, Pakistani law firms bidding for legal retainers with regulated financial institutions must be registered with the Pakistan Bar Council, have principals qualified to practice in commercial and financial services law, demonstrate prior experience with EMI or fintech advisory, and preferably hold SECP or SBP engagement history.