Savva Shipov: Digital Economy is Economy of Change

Savva Shipov, Deputy Minister of Economic Development of the Russian Federation, Igor Drozdov, Chairman of the Board of Skolkovo Fund and Head of the Statutory regulation center, and Ruslan Ibragimov, Corporate and Legal Vice-President at PAO “MTS” and leader of the Statutory regulation team, presented a statutory regulation plan for digital economy.

The plan was developed by more than 400 experts from the Skolkovo Fund, a Statutory regulation center operating as a part of the “Digital Economy of the Russian Federation” program. According to Igor Drozdov, the experts detected more than 250 regulatory barriers standing in the way of the digital economy. Aiming to eliminate these barriers, the plan introduces more than 50 legislation packages within the Civil and Tax Codes, personal data laws, information laws, communication laws, and other statutory documents. The legislation is scheduled to be introduced in 2018-2019.

“If the legislation is passed, individuals will be able to benefit from identification without passport, interact with judicial authorities and healthcare facilities remotely, pay toll road fees in a more convenient way, and many more. The innovations will enhance the safety of online transactions, determine the status of cryptocurrencies and ICO, as well as the application limits of the artificial intelligence,” Drozdov explained. The project was developed by 14 teams consisting of the professionals from the Skolkovo Fund.

Savva Shipov emphasized that solving the existing problems is not the only task. “Along with solving burning tasks and overcoming major barriers, we need to create a long-term plan of digital economy regulation. To achieve this, in 2018 we will develop the concepts for comprehensive legal regulation and change management process,” he added.

The goal of the Concept for Comprehensive Legal Regulation will be to determine how the legislation will evolve, how its branches will interact with each other, what new definitions will need to be introduced, what subjects and types of legal relations will occur during digital transition, etc. The Concept for Change Management Process will set forth the procedure for collecting information on the quality of regulation, mechanism for constantly changing and updating the regulation system, procedure for working with international platforms and creating a knowledge base on digital economy.