After years of paralysis, Ukrainian business-related legislation
is undergoing major changes. For instance, a new tax code came into
effect in the New Year, and we can already hear the protests
associated with the proposed new labor code. Meanwhile, completely
undetected, a new law has quietly entered into force on January 1,
2011, entitled the Law of Ukraine No. 2297-VI "On Protection
of Personal Data", dated June 1, 2010 (hereinafter the
"PDP Law").
The PDP Law is based on the framework EU Directive 95/46/EC on
the protection of individuals with regard to the processing of
personal data and on the free movement of such data, but provides a
more detailed legislative base for data protection in Ukraine. The
good news is that by implementing the PDP Law, Ukraine is bringing
its legislation into closer compliance with European standards,
perhaps with the eventual hope of European integration. However,
the PDP Law leaves open the usual questions of implementation