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Personal Data Legislation in Russia

Abstract

Russia’s Personal Data law may be only 6 years and a few months old, but as Tatiana Egorova demonstrates, extracting substantial parts of the relevant legislation, it is already a significant body of law. This article will be of particular interest to those working with the Russian aviation, banking and telecoms sectors. Until a few years ago Personal Data legislation did not exist in Russia, however in the last 6 years there have been significant changes in legislation. The Federal Law of July 27, 2006 N. 152-FZ “On Personal Data” that regulates personal data issues entered into force on January 29, 2007. The Law has since been considerably changed by amendments that came into force in July 2011, and the latest amendments were introduced in April 2013. Information systems should have been technically adjusted to be in compliance with the Law starting July 2011. Almost all Russian legal entities find it hard to comply with Personal Data legislation requirements. Supervision standards imposed by regulatory bodies are very strict, while implementation of all legislation requirements is a long-term money consuming project, thus causing some legal entities to postpone its introduction.

Author

Tatiana Egorova
Unit Head of Legal support of loan transactions, CB "Garanti Bank-Moscow" (ZAO), Russia

Tatiana Egorova is the Unit Head of legal support of loan transactions of the Legal Department of Commercial Bank “Garanti Bank - Moscow” (ZAO). In 1998 she graduated from Moscow State University for International Relations (MGIMO) - the best University in Russia, that prepares professional community for the Government in International sphere. Tatiana Egorova is a well-experienced in-house lawyer in banking sphere with 16 year experience. During her professional life she worked during 8 years at daughter of the German Bank WestLB AG – Bank WestLB Vostok.

Company

CB "Garanti Bank-Moscow" (ZAO)

Commercial Bank “Garanti Bank - Moscow” (ZAO) was established in Moscow in 1995. CB “Garanti Bank - Moscow” (ZAO) is owned by Turkie Garanti Bankasi A.S. that is Turkey’s second largest private bank. Tatiana Egorova works for Commercial Bank “Garanti Bank - Moscow” (ZAO) for the last 4 years.

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