EPAM’s Banking & Finance and Capital Markets and Intellectual Property team comprised of Partner Pavel Sadovsky, Counsel Roman Malovitsky and Senior Associate Elena Trubetskaya, authored the Russia section of OneTrust DataGuidance focusing on data protection in the financial sector.
The directory has been updated as related to administrative liability for the disclosure of banking secrets.
The following matters have been addressed:
- Financial legislation
- Personal and financial data
- Federal Law 115-FZ “On Countering the Legalization (Laundering) of Illegally Obtained Income and Financing of Terrorism”
- Banking secrecy
- Payment services
- Data outsourcing
- Breach notification
- Enforcement of financial obligations
Review for Russia is available here (available in English only and requires subscription).