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In July 2014 President Putin approved Federal Law No. Under the New Law, personal russia personal information law of Russian citizens must be stored and processed within the Russian Federation. However, these are of little to no assistance to the business community as they are predominantly non-commercial exceptions.

The cross-border transfer of personal data of Russian citizens is also at issue, particularly as the New Law now conflicts with Russia’s existing laws on international data transfers. The important aspect of this law is the fact that it is so far reaching. Even where a business has Russian customers but no legal presence in Russia, it should note that Russian data protection law is considered as public order for all companies collecting and processing personal data of Russian citizens, with no exceptions for foreign companies. Therefore, if a business holds Russian personal data in the US and UK, the law is, applicable to that business.