Picture of Olga Belyakova

Olga Belyakova

Partner
CMNO

CMS Cameron McKenna Nabarro Olswang LLC
6th Floor, 38 Volodymyrska Street
Kyiv
Ukraine
Languages Ukrainian, Russian, English
Corporate / M&A

Olga’s practice includes corporate, competition and general commercial issues, as well as data protection.  As a competition lawyer, Olga advises foreign and local clients on merger control issues, concerted actions, and anti-competitive conduct on the market.

Olga’s general corporate and commercial experience combines broad expertise in negotiating various types of commercial contracts, including sale and purchase agreements, procurement agreements, agency and services contracts. 

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Olga is described as “knowledgeable, service-minded and extremely impressive.”

Chambers Europe 2012-2016

Relevant experience

  • A subsidiary of Eni SpA., an Italian oil and gas major, on its recent signing of a production sharing agreement ("PSA") with the Government of Ukraine. Eni is the operator and will hold a 50% participating interest, while Electricité de France (EDF) will hold 5%, and state-owned natural resource companies Chornomornaftogas and Vody Ukrainy will together hold 45%.
  • Provea S.A. on a sale of participatory interest in Florange, a Ukrainian lingerie and jewellery company.
  • A Belgian mineral and metal extraction company in connection with the aborted acquisition of a 100% stake in a one of the largest mining companies in Ukraine, which is owned by a privately held Ukrainian conglomerate; on restructuring their local business in Ukraine.
  • Horizon Capital on the sale (alongside AtlantM) of MTBank, the largest privately owned bank in Belarus.
  • Freescale Semiconductor on the sale of its holding in Ukraine to Information Software Systems.
  • A UK-based private equity fund on the potential acquisition of a Ukrainian confectionary company.
  • Abris Capital Partners on the acquisition of a supermarket chain in western Ukraine, which comprises 25 supermarkets.
  • Takeda Pharmaceuticals on acquisition of Nycomed (Ukrainian law aspects), including obtaining of a merger control approval.
  • Electrolux, a global leader in the production of appliances for home and professional use, on EUR 19 million acquisition of a factory and other assets from a Ukrainian white goods manufacturer; drafting various commercial agreements.
  • MetLife on obtaining of a merger control and concerted actions approval for the global acquisition of ALICO and on various aspects of the acquisition in Ukraine, including due diligence.
  • Diageo (a multinational alcoholic beverages company):
    • on import, labelling and marketing of GMO food products;
    • assisting with multi-jurisdictional due diligence of the client`s business in five CEE jurisdictions (Ukraine, Bulgaria, Hungary, Romania and the Czech Republic), led by CMS Kyiv;
    • on a project regarding the licensing of beer production in Ukraine. A maximum of 10 bullet points (in the present participle).
  • SBM Jardin on various commercial/ IP/corporate law issues related to acquisition of gardening business worldwide including in Ukraine.
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Education

2011 - Postgraduate Diploma in EU Competition Law, King's College London, London

2003 - Admitted to Attorney at Law practice

2001 - Master of Law, National Economic University, Kyiv

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Memberships

Co-Chairman of IT Committee at the American Chamber of Commerce (ACC)

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Publications

January 2016 - Ukraine Data Protection Overview, DataGuidance.

May 2016 - Article ‘Is information technology education only about IT?’, KyivPost.

November 2015 - E-governance chapter for the USUBC white paper on legal and governance reform.

March 2015 - Comment on article ‘Experts on deregulation law say it's too early to celebrate changes’, Kyiv Post.

August 2014 - Article ‘What you should pay your attention on if you decided to relate your business with cloud decisions’, DELO.

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Lectures list

16 December 2016 - Start-up simulation course, Lviv Business School, Lviv.

October 2016 - Workshop “Inspections of Law Enforcement Authorities: How to Avoid Mistakes”, Kyiv.

30 October 2015 - Panel discussion on the e-Governance contributors to the White Paper, USUBC-KSE conference on legal and governance reform, Presentation of the USUBC white paper on legal and governance reform, Kyiv.

3-4 June 2015 - Panel discussion on ‘How to Invest in Datacentre and Cloud Assets’, Datacloud Global Congress, Monaco.

14 November 2014 - Data Protection Seminar in EBA, Kyiv.

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TMC - Technology, Media & Communications

Olga has over 15 years of experience in TMC sector and specialising at IT and technologies sectors.

Olga regularly advises local and international IT services and product companies on various aspects related to their business including corporate and commercial matters. Specifically, Olga is constantly involved in structuring of employment relations between the companies and developers, including suggesting and creating proper equity incentive schemes at various management levels, non-solicitation and confidentiality commitments of IT staff and tax structuring of the IT businesses with use of appropriate foreign jurisdictions for purposes of creation of enforceable shareholders relations. Importantly, Olga is also focusing at a correct transfer of IP rights to the already and to-be-created IP objects to the ultimate clients.

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Olga is a recommended lawyer for IT and Telecommunications law.

Best Lawyers 2015-2017

Olga is described as “knowledgeable, service-minded and extremely impressive.”

Chambers Europe 2012-2016

Relevant experience

  • LINX, an international wholesale telecommunications company, on legal aspects of the establishment and operation of data centres in Ukraine, as well as Ukrainian data privacy issues related to a data centres business.
  • Intel, a major international IT components manufacturer, on due diligence of radio frequency license of Ukrainian subsidiaries, and then subsequently advised on Ukrainian radio frequency laws implications.
  • Cloud Made Limited on various aspects of sale of its cloud technology business.
  • American multi-national technology and social media company on various corporate, employment, commercial matters (including drafting/negotiating of various commercial contracts) in connection with launching and running of its Ukrainian business.
  • A major multinational technology and consulting corporation:
    • on two IT service outsourcing projects between the client and leading Ukrainian Banks, including advice on relevant employment law and data protection issues (advice on employees transfer and secondment issues);
    • in connection with the localisation of commercial documents;
    • on data protection issues related to placing and storing personal data in the cloud.
  • AOL Corporation in relation to acquisition of Video Syndication Startup, including advising on Ukrainian IP and IT related issues, restructuring of the target’s IP relations with Ukrainian major IT developer.
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Education

2011 - Postgraduate Diploma in EU Competition Law, King's College London, London

2003 - Admitted to Attorney at Law practice

2001 - Master of Law, National Economic University, Kyiv

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Memberships

Co-Chairman of IT Committee at the American Chamber of Commerce (ACC)

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Publications

January 2016 - Ukraine Data Protection Overview, DataGuidance.

May 2016 - Article ‘Is information technology education only about IT?’, KyivPost.

November 2015 - E-governance chapter for the USUBC white paper on legal and governance reform.

March 2015 - Comment on article ‘Experts on deregulation law say it's too early to celebrate changes’, Kyiv Post.

August 2014 - Article ‘What you should pay your attention on if you decided to relate your business with cloud decisions’, DELO.

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Lectures list

16 December 2016 - Start-up simulation course, Lviv Business School, Lviv.

October 2016 - Workshop “Inspections of Law Enforcement Authorities: How to Avoid Mistakes”, Kyiv.

30 October 2015 - Panel discussion on the e-Governance contributors to the White Paper, USUBC-KSE conference on legal and governance reform, Presentation of the USUBC white paper on legal and governance reform, Kyiv.

3-4 June 2015 - Panel discussion on ‘How to Invest in Datacentre and Cloud Assets’, Datacloud Global Congress, Monaco.

14 November 2014 - Data Protection Seminar in EBA, Kyiv.

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Feed

Show only
30/09/2015
Ex­pert Guide: Com­pet­i­tion & Anti-Trust 2015
Mer­ger Con­trol In Ukraine - The Elu­sive Bal­ance Of...
16/06/2017
Ukraine makes an­oth­er step for­ward to­wards en­for­cing the Med­ic­al Re­form
On 8 June 2017, the Ukrain­i­an Par­lia­ment, passed in the first hear­ing the Draft Law On Fin­an­cial Guar­an­tees of Med­ic­al Ser­vices and Medi­cines (the “Draft Law”). This is yet an­oth­er mile­stone in en­for­cing the Med­ic­al Re­form.
26/03/2015
CMS ad­vises Ho­ri­zon Cap­it­al and Zubr Cap­it­al on the...
07/06/2017
Ukraine draft­ing re­serve of­ficers
On 30 May 2017, the Min­istry of De­fence of Ukraine is­sued the 2017 draft­ing or­der (“2017 Or­der”) to re­serve of­ficers. The 2017 Or­der is yet to be ap­proved by the Min­istry of Justice of Ukraine. The draft is man­dat­ory.
14/07/2014
Olga Belyakova pro­moted to Coun­sel at CMS Camer­on McK­enna
30/05/2017
Ukraine: New li­cens­ing con­di­tions for lot­ter­ies
25 May 2017 marked the end of pub­lic de­bates on the Draft Li­cens­ing Con­di­tions for Lot­ter­ies pre­pared by the Min­istry of Fin­ance of Ukraine (“Draft Li­cens­ing Con­di­tions”). The Draft Li­cens­ing Con­di­tions will now be re­viewed and ap­proved by the Cab­in­et of Min­is­ters.
04/07/2014
Guid­ance Note: Ukraine - Data Pro­tec­tion Over­view
18/05/2017
Ukraine: New Reg­u­la­tion on La­bour Law In­spec­tion Vis­its
On 16 May 2017, the gov­ern­ment­al reg­u­la­tion re­gard­ing la­bour in­spec­tion vis­its entered in­to leg­al force (‘La­bour In­spec­tions Reg­u­la­tion’). The La­bour In­spec­tions Reg­u­la­tion provides for a pro­ced­ure for in­spect­ors of the State Em­ploy­ment Ser­vice of Ukraine (SES).
23/06/2014
CMS Guide to Mer­ger Con­trol in Europe 2014
17/05/2017
Ukraine Law on elec­tron­ic tick­ets in pub­lic trans­port
On 7 May 2017 the law in­tro­du­cing an auto­mated sys­tem of fare col­lec­tion in mu­ni­cip­al pub­lic trans­port entered in­to leg­al force (the “Law”). The Law al­lows mu­ni­cip­al au­thor­it­ies to use the auto­mated sys­tem of fare col­lec­tion in urb­an pas­sen­ger trans­port and.
27/08/2013
World Data Pro­tec­tion Re­port Au­gust 2013 - Ukraine's...
22/03/2017
Ukraine: es­tab­lish­ment of in­de­pend­ent su­per­vis­ory boards in state-owned...
On 16 March 2017, a pack­age of gov­ern­ment­al reg­u­la­tions re­gard­ing the es­tab­lish­ment and func­tion­ing of in­de­pend­ent su­per­vis­ory boards in state-owned com­pan­ies (the “Reg­u­la­tions”) came in­to leg­al force.
26/04/2012
CMS Camer­on McK­enna – Top En­ergy law Firm in Ukraine...
28/02/2017
Ukraine: NBU re­laxes rules on over­seas in­vest­ments by Ukrain­i­an cit­izens
On 24 Feb­ru­ary 2017 the Na­tion­al Bank of Ukraine (the "NBU") ap­proved changes to the li­cens­ing re­gime con­cern­ing over­seas in­vest­ments by Ukrain­i­an in­di­vidu­als (oth­er than private en­tre­pren­eurs). From now on, Ukrain­i­an cit­izens will be al­lowed to place and hold.
01/12/2016
Ukraine re­moves reg­u­lat­ory bar­ri­ers to ex­ports of ser­vices (up­date)
On 30 Novem­ber 2016, the Pres­id­ent of the Ukraine signed the law re­mov­ing ad­min­is­trat­ive bar­ri­ers re­lat­ing to the ex­port of ser­vices (the “Law”), which was ad­op­ted by the Ukrain­i­an Par­lia­ment on 3 Novem­ber 2016.
18/11/2016
Ukraine: es­tab­lish­ment of in­de­pend­ent su­per­vis­ory boards in state-owned...
On 9 Novem­ber 2016, the Cab­in­et of Min­is­ters ad­op­ted a com­pre­hens­ive re­form pack­age of gov­ern­ment­al reg­u­la­tions re­gard­ing in­de­pend­ent su­per­vis­ory boards in state-owned com­pan­ies (the “Reg­u­la­tions”).
04/11/2016
Ukraine re­moves reg­u­lat­ory bar­ri­ers to ex­ports of ser­vices
On 3 Novem­ber 2016, a law re­mov­ing ad­min­is­trat­ive bar­ri­ers re­lat­ing to the ex­port of ser­vices was ad­op­ted (the “Law”). Cur­rently, there are a mul­ti­tude of ar­cha­ic reg­u­lat­ory re­stric­tions, in­clud­ing cur­rency con­trol, bank­ing and ac­count­ing lim­it­a­tions, that.
03/11/2016
Ukraine takes ac­tion against cor­por­ate raid­ing
On 2 Novem­ber 2016, a law aimed at im­prov­ing the ef­fect­ive­ness of anti-raid­ing meas­ures be­came ef­fect­ive (the “Law”). The Law in­tends to mit­ig­ate and, where pos­sible, elim­in­ate the risk of cor­por­ate raids as well as re­duce the risk of the fraud­u­lent takeover.