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NEW UKRAINIAN LAW TO PROTECT PERSONAL DATA
The Law of Ukraine “On Personal Data Protection” (“Law”) comes into effect on 1 January 2011. The Law contains a number of important provisions regarding the protection of personal data (“PD”) being processed and concerns both individuals and legal entities. The Law provides general and specific requirements to companies processing their personal databases (“PDB”).
Pre-requisites
The European Union regulates personal data protection through Directive 95/46/EC. Ukraine adopted its PD protection law as it had to meet the requirements set by EU and contained in their joint agreement titled "Cooperation Matrix". The document provides for the recognition of the Council of Europe Convention of 28 January 1981 for the Protection of Individuals with regard to Automatic Processing of Personal Data. In Russian Federation data protection law was also enforced.
AstapovLawyers International Law Group is one of a leading full service Law Firms in Ukraine, consistently named among the leaders of the market for quality and reliability of service as well as for the depth of expertise by major international and local legal directories. The Firm employs over 50 carefully selected and well-motivated professionals who are responsive, solution-oriented, creative and committed. Firm's key clients include Nemiroff, Soyuz-Victan, Raiffeisen Bank Central, Danone, Mriya Agroholding, Bunge, Energoatom, DEMZ, Rodovid Bank. More information about the Firm can be found at www.astapovlawyers.com