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CMS Client Alert | March 2014 | Employment & Pensions

Law “On Commercial Secrets” amended: employees to compensate for damage caused by wrongful disclosure

27/03/2014

On 12 March 2014, the President of the Russian Federation signed Federal Law No. 35-FZ “On Amendments to the first, second, third and fourth parts of the Civil Code of the Russian Federation and Certain Legislative Acts of the Russian Federation”. The Law, which amends Federal Law No. 98-FZ “On Commercial Secrets”.

Overall, the changes are aimed at increasing the protection of the rights and legitimate interests of those who hold information constituting a trade secret, including in the framework of labour relations. However, many of the changes, in fact, only revive similar principles that were contained in previous versions of the Law on Commercial Secrets and which had been repealed on 1 January 2008 as a result of the entry into force of the fourth part of the Russian Civil Code.

Source
CMS Client Alert | March 2014 | Employment & Pensions
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Authors

Fedoreev Valeriy
Valeriy Fedoreev
Partner
Moscow
Elena Baryshnikova