[AfrICANN-discuss] FW: ICANN News Alert -- Increase of the Registrar Accreditation Application Fee and Introduction of Further Due Diligence Background Checks

[Anne-Rachel Inne]

[http://www.icann.org/images/gradlogo_bow.jpg]<http://www.icann.org/>
News Alert

http://www.icann.org/en/announcements/announcement-01jun11-en.htm

________________________________
Increase of the Registrar Accreditation Application Fee and Introduction of Further Due Diligence Background Checks

1 June 2011

To offset the costs of increased due diligence, the application fee for submitting an ICANN accreditation application will be increased from the current fee of US $2,500 to US $3,500 effective on 1 July 2011. All applications received on or after that date will be subject to a non-refundable US $3,500 application fee.

The increased fee will offset the costs for ICANN to conduct additional due diligence checks on applicants during the registrar accreditation application process, including reviews of:

 *   Criminal records;
 *   Credit records;
 *   Financial history and solvency;
 *   Corporate/company structure and ownership.

In order to conduct these due diligence checks ICANN will perform inquiries through the use of external resources (including reputable commercial third party information service providers).

These steps are the result of community input that called for the strengthening of the requirements for registrar accreditation, and to address changes that have arisen in the registrar marketplace. The associated public comment period can be found at: http://www.icann.org/en/public-comment/public-comment-201101-en.htm#registrar-accredit-eval

The ICANN Board of Directors voted to approve the fee increase for these purposes at its meeting on 21 April 2011 (http://www.icann.org/en/minutes/resolutions-21apr11-en.htm#3).


This message was sent to inne at icann.org<mailto:inne at icann.org> from:

ICANN | 4676 Admiralty Way Suite 330 | Marina del Rey, CA 90292-6601


Email Marketing by [http://app.icontact.com/images/icontact_tryFree.gif] <http://www.icontact.com/a.pl/144186>


Manage Your Subscription <http://app.icontact.com/icp/mmail-mprofile.pl?r=9826907&l=6333&s=VMK0&m=359782&c=165637>


-------------- next part --------------
An HTML attachment was scrubbed...
URL: https://lists.afrinic.net/pipermail/africann/attachments/20110602/5851ca90/attachment.htm