19.12.2019
ARE YOU PREPARED TO PAY A 18 MILLION ROUBLES PENALTY? HOW HAVE RUSSIAN AUTHORITIES TIGHTENED SANCTIONS FOR NON-COMPLIANCE WITH PERSONAL DATA PROTECTION REGULATIONS
On 2 December 2019 the Russian President signed the Federal Law dated 02.12.2019 #405-FZ “On introducing amendments to certain legislative acts of the Russian Federation” (Federal Law “FZ #405”).
This law has introduced substantial changes to Russian personal data protection laws. Now companies may be fined in the amount between RUB 1 million to RUB 6 million for non-compliance with requirements of the Federal Law “On personal data” in respect of the data bases localisation requirements. For repeated violations of the above requirements fines may vary from RUB 6 million to RUB 18 million.
The maximum amount of sanctions for an individual are RUB 800 000.
By adoption of FZ #405 the Russian authorities have not just imposed harsher sanctions for non-compliance with data bases localisation requirements but they have also introduced a number of other special amendments that tighten up the responsibility for non-compliance with Russian laws on personal data protection.
For more details, please contact us.
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Director Tax&Legal department Stanislav Boiko Stanislav.Boiko@moore-st.ru |
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