Cooley LLP (JD Supra Russia)

In July 2014 President Putin approved Federal Law No. 242-FZ ("On Amendments to Certain Laws of the Russian Federation in Order to Clarify the Procedure for Personal Data Processing in Information and Telecommunications Networks" (the "New Law")).

In July 2014, Russian Federation President Vladimir Putin signed Federal Law No. 242-FZ (the "Law"), which amends existing Russian data privacy laws to require that personal data of Russian citizens be processed by servers within Russian borders. The localization requirements in the Law were presented as being designed to provide Russian citizens with more control over their personal data and as...