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Portrait of Olga Belyakova

Olga Belyakova

CMS Cameron McKenna Nabarro Olswang

CMS Cameron McKenna Nabarro Olswang
6th Floor, 38 Volodymyrska Street
01054 Kyiv
Languages Ukrainian, Russian, English, German

Olga Belyakova is a Partner in the Commercial practice group in Kyiv office of CMS Cameron McKenna Nabarro Olswang and a Co-head of the Technology, Media and Communications (TMC) sector group in Central and Eastern Europe. With over 20 years of focus in these sectors, Olga is best-placed to deliver innovative solutions and pragmatic advice on IT outsourcing, data protection, cybersecurity, cloud technology, IP and employment issues, as well as operational issues regarding data centres, AI, fintech and social media platforms.

Specifically, Olga is constantly involved in the structuring of employment relations between the companies and software 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 the use of appropriate foreign jurisdictions for purposes of creation of enforceable shareholders relations. Importantly, as a highly-acclaimed specialist in data protection, Olga constantly advises clients on legal issues in relation to the processing and protection of personal data, including with the help of cloud-based technology. In particular, Olga’s expertise includes drafting data protection policies and data transfer agreements, different types of consents in various sectors. Olga also assists leading IT outsourcing and product companies on the transfer and protection of IP rights, as well as software development services agreements.

Olga is a recommended lawyer for IT and a lawyer of the year for Telecommunications law by Best Lawyers. Chambers Europe and Legal 500 directories highly regarded Olga in the field of competition law in Ukraine, which describes her as “knowledgeable, service-minded and extremely impressive."

Olga is an invited professor of law at the National University of Kyiv-Mohyla Academy in Ukraine, works a lot with students and start-ups and helps them enhance their knowledge on legal issues in the IT sector.

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Olga is recognised as a Lawyer of the Year for Telecommunications law and recommended lawyer for IT law.

Best Lawyers, 2020

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

Chambers Europe 2012-2021

Relevant experience

  • World’s innovative gaming company on a complex analysis of the current structure of relations with Ukrainian team, and IP and employment law advice regarding restructuring employment relations
  • An operator of the Cashback World Shopping Community during the initial stage of establishing the client’s operations in Ukraine
  • A major international telecom company on due diligence of a group of companies in the IT and Fintech sectors
  • Microsoft on multijurisdictional legal support to the client's audit team responsible for compliance with licensing conditions in Central and Eastern Europe, CIS countries and Israel
  • Ring on various questions of Ukrainian law concerning the import and use of Ring home security products on the Ukrainian market
  • Uber on preparing a comprehensive risk analysis in terms of the legal aspects of competition, regarding certain exclusivity arrangements, tax and currency control rules for the introduction and implementation of a new payment option and functions in the special application Uber Eats in Ukraine
  • American multinational technology and social media company on various employment, tax, IP, and commercial matters related to the acquisition of an AI startup
  • Comcast on specialised media, telecommunications and competition law regulation aspects of its aborted bid for Fox
  • Comcast on competition law aspects of its bid for Sky
  • ViaSat on procuring all necessary authorisations for purposes of it providing satellite broadband Internet connection services to passengers of aircraft flying through the Ukrainian air space plus adjusting the applicable Ukrainian regulations to the EU standards in that respect
  • A multinational agrochemical and agricultural biotechnology, Fortune 500 corporation on the possibility of creating and using their own fleet of unmanned aerial vehicles (drones) for remote monitoring of crops and field administration
  • Turk Telekom International HU Kft. on the Ukrainian law requirements with respect to the protection of high-risk personal data in Ukraine and cross-border transfer of personal data outside of Ukraine
  • 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
  • One of the world’s leading healthcare company on the drafting of patient privacy notes and consent form for purposes of handling a therapy information system
  • Cloud Made Limited on various aspects of the sale of its cloud technology business
  • American multinational technology and social media company on various corporate and commercial matters (including drafting/negotiating of various commercial contracts) in connection with launching and running of its Ukrainian business; on various employment matters, including structuring of the relations with its local employees and independent contractors; developed template contractual framework in connection with the same; advised on complex outsourcing project involving several jurisdictions; on implementation of RSU incentive plan to Ukrainian personnel; and day-to-day legal support on various HR matters
  • American electronic commerce and cloud computing company – on various issues related to potential operations in Ukraine (owning/leasing and operating equipment in Ukraine), including advising on a wide variety of IP issues, on data transfer relations, copyright issues, etc
  • American IT company in relation to various intellectual property legal matters regarding the structuring of its commercial relations with Ukrainian partners, including proper structuring of assignment of intellectual property objects created by the partners to our client
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Lectures list

  • January 2021 – ongoing - "Legal writing course" for students of the National University of Kyiv-Mohyla Academy; the course covered how to properly and competently draft the most commonly used legal documents, how to work on documents individually and in groups, how to correctly assess client’s assignments and prepare legal advice
  • October 2020 – ongoing - “IT law course” for IT specialist at National University of Kyiv-Mohyla Academy; comprising 15 workshops, covering only topics relevant for IT people, including intellectual property rights, service agreements, tax structuring of IT business, building relations with shareholders, compliance matters, employees’ stock options and other benefits
  • 26 April 2020 - Cybersecurity issues for students of the Certification Program on Information Technology Law: KMA & IT Ukraine organised by the Kyiv Mohyla Law Faculty and the IT Association of Ukraine, Kyiv
  • 2 October 2019 - Facts and Tips for Cybersecurity, Legal Cybersecurity Forum, Kyiv
  • 2 July 2019 – IT law program for Start-Up Grind, Dnipro
  • 12 March 2019 – cybersecurity challenges in CEE, preventive and reactive measures to cyber incidents, the American Chamber of Commerce in Ukraine, Kyiv
  • March 2017 – separate module “Law in IT” for the MBA program in LvBS, Lviv
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  • 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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Olga Belyakova pro­moted to Coun­sel at CMS Camer­on McK­enna
The part­ners of CMS Camer­on McK­enna are pleased to an­nounce that Olga Belyakova has been pro­moted to the po­s­i­tion of Coun­sel at the in­ter­na­tion­al law firm`s Ky­iv of­fice. Olga ad­vises cli­ents on M&A, cor­por­ate...
World Data Pro­tec­tion Re­port: Ukraine's new Data Pro­tec­tion Law Amend­ments
Olga Belyakova writes an art­icle for the World Data Pro­tec­tion Re­port.To read the full art­icle, please down­load the PDF.
World Data Pro­tec­tion Re­port Au­gust 2013 - Ukraine's Data Pro­tec­tion Re­gime...
Olga Belyakova writes about how Ukraine's data pro­tec­tion re­gime is fun­da­ment­ally altered by newly ad­op­ted amend­ments.To read the art­icle in full, please down­load the PDF.


Di­git­al Ho­ri­zons
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On­line gambling law and reg­u­la­tion in Ukraine
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Un­fair trad­ing prac­tices in the ag­ri­cul­tur­al and food sup­ply chain in Ukraine
1. How are un­fair trad­ing prac­tices in the ag­ri­cul­tur­al and food chain reg­u­lated in this jur­is­dic­tion? When the ap­plic­able reg­u­la­tions were in­tro­duced and when they were last amended? In Ukraine, there...
CEE Mer­ger Clear­ance Mat­rix 2021
Cross bor­der M&A trans­ac­tions that re­quire mer­ger con­trol ap­provals in sev­er­al jur­is­dic­tions have be­come com­mon­place. To re­duce time delays and keep costs down, it is es­sen­tial to identi­fy at the early...
Pub­lic pro­cure­ment reg­u­la­tion in Ukraine
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Data pro­tec­tion and se­cur­ity
Ex­pert leg­al ad­visers
Reg­u­la­tion of gambling tax­a­tion is un­der­way in Ukraine
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Diia City di­git­al eco­nomy law passed in Ukraine
On 15 Ju­ly 2021, the Ukrain­i­an par­lia­ment passed the Draft Law No. 4303 “On Stim­u­lat­ing the De­vel­op­ment of the Di­git­al Eco­nomy in Ukraine” (the “Diia.City Law”) after a second read­ing. The Diia.City...
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Ukraine in­tro­duces 20% tax on di­git­al ser­vices provided by in­ter­na­tion­al...
On 3 June 2021, the Ukrain­i­an par­lia­ment voted to ap­ply a 20% VAT on the rev­en­ues of non-res­id­ent com­pan­ies from elec­tron­ic and di­git­al ser­vices provided to con­sumers with­in Ukraine. Di­git­al ser­vices...
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