ASSET MANAGEMENT POLICY

This Asset Management Policy (hereinafter referred to as” Policy”) is effective from [INSERT DATE ON WHICH THE POLICY COMES INTO FORCE] and applies to all the employees and staff of the [INSERT NAME OF THE COMPANY] (hereinafter referred to as “Us” or “we” or “Company”).

This policy outlines the clear standards and practices to be followed by every employee of the company, to ensure the management of Company’s valuable assets. By upholding these values we can collectively contribute to the success of our company and maintain the trust and confidence of our customers.

1. PURPOSE
   1. The purpose of this policy is to outline guidelines and procedures for the effective management of Company’s valuable assets. We encourage our employees to familiarize with the guidelines outlined in this policy and to seek guidance when facing ethical dilemmas. This policy outlines principles and procedures to ensure every customer has a positive experience with us.
2. SCOPE
   1. This policy applies to all employees, contractors or any third-party including full-time, part-time, temporary, at all levels within the Company. In circumstances where an employee’s conduct may involve a breach of this policy. The Company might take disciplinary, or termination actions based upon the set guidelines in this policy.
3. ASSET MAINTENANCE
   1. Assets will be regularly inspected to ensure they are in good condition and repairs if any required will be promptly addressed.
   2. All physical and electronic assets such as computers, laptops and mobiles will be monitored regularly to ensure protection of data and security of assets, reducing the risk of loss, theft and damage.
   3. The Asset Maintenance department will maintain a book of records including service records, maintenance logs and repair records.
   4. In the event of unexpected asset failure or maintenance needs, the employee or asset owner shall immediately inform the asset maintenance department to diagnose the problem and resolve it.
   5. Our Company is committed to continuous improvement in asset maintenance practices. Feedback from the company's staff shall be used to refine the maintenance procedures and enhance asset reliability.
4. ASSET CLASSIFICATION
   1. Following Company’s Assets are subject to regular tracking and maintenance.
      1. [INSERT ASSET 1]
      2. [INSERT ASSET 2]
5. SECURITY AND PROTECTION OF COMPANY RESOURCES AND ASSETS
   1. Company resources and assets , including equipment, technology, and facilities, should be used with care and only for business purpose and not for personal gain. Occasional personal use is permissible as long as it is lawful, does not affect job performance or disrupts workplace morale.
   2. Our books, records, accounts and financial statements must be maintained in appropriate detail and must truly and properly reflect our transactions. We condemn all forms of money laundering, so we are committed to do business with partners involved in legitimate business activities with funds derived from legitimate sources.
   3. All employees are obliged to follow appropriate security measures and they should treat company property, whether material or intangible, with respect and shouldn’t misuse company assets or use it carelessly.
   4. The asset owners are responsible for ensuring that the assets are used efficiently and in accordance with their intended purpose and report maintenance needs as and when required to the concerned department.
6. COMPLIANCE
   1. You acknowledge that any violation of this Policy may result in warnings, temporary suspension, or permanent termination of your access to our Company. It is your responsibility to ensure that your conduct adheres to this Policy and that your interactions are conducted in accordance with policy guidelines.
7. CONFIDENTIALITY, INFORMATION SECURITY, PROPRIETARY INFORMATION AND INTELLECTUAL PROPERTY
   1. We are committed to business information confidentiality, integrity and accessibility, we implement proper technical security measures and it is our staff’s obligation to uphold this. Proprietary information includes all non-public information that might be harmful to the company or its customers, business partners if disclosed to unauthorised parties. All members must handle any such information as secret. It also covers that, no one is entitled to trade with securities while in possession of non-public information or deliver non-public information to others that could have an impact on the securities. Every rule ensuring information security must be followed all the time.
   2. Employees must maintain the confidentiality of the company and client information. Sharing sensitive information with unauthorized individuals is strictly prohibited.
8. CHANGES TO THE POLICY
   1. We reserve the right to update and make changes to this policy from time to time based on the working conditions of the Company. The Company on updating this policy will inform the members of the Company.
9. FURTHER INFORMATION
   1. For any queries or further Information regarding our Company or about this Policy, the concerned person can contact us through email [INSERT COMPANY’S EMAIL ADDRESS]
10. ACKNOWLEDGEMENT
    1. We expect all employees to adhere to this policy of the Company. The Company will apply this policy consistently and fairly to ensure a harmonious and productive workplace for all.
    2. By signing below, you acknowledge that you have carefully read and understood the terms and contents of this policy.
    3. You acknowledge that you will follow the set guidelines of this policy as well as of the Company and failure to do so, the Company can take Disciplinary action against such person.

COMPANY                    

[INSERT NAME OF THE COMPANY]

Authorized Signature

Print Name and Title

[INSERT SIGNING AUTHORITY AND DESIGNATION]