Difference between revisions of ".finance"

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{{TLD|
 
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|status = Delegated
 
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'''.finance''' is a proposed [[TLD]] in [[ICANN]]'s [[New gTLD Program]]. The applicant is [[Donuts]] (Cotton Cypress, LLC).<ref>[http://newgtlds.icann.org/en/program-status/application-results/strings-1200utc-13jun12-en Reveal Day 13 June 2012 – New gTLD Applied-For Strings]</ref>
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'''.finance''' is a [[gTLD]] that was proposed in [[ICANN]]'s [[New gTLD Program]]. The applicant and now [[Registry Operator]] is [[Donuts]] (Cotton Cypress, LLC).<ref>[http://newgtlds.icann.org/en/program-status/application-results/strings-1200utc-13jun12-en Reveal Day 13 June 2012 – New gTLD Applied-For Strings]</ref> Their application succeeded and was delegated to the [[Root Zone]] on 29 April 2014.<ref name="delegation">[http://newgtlds.icann.org/en/program-status/delegated-strings Delegated Strings, ICANN.org] Retrieved 30 May 2014</ref>
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==Background==
  
 
The application was issued a [[GAC]] Early Warning from the representative of Australia and GAC Chair, [[Heather Dryden]]. The warning system is noted as a strong recommendation on behalf of national governments to the [[ICANN Board]] that a given TLD application should be denied as it stands. Applicants are encouraged to work with objecting GAC members.<ref>[http://newgtlds.icann.org/en/applicants/gac-early-warning GAC Early Warning, NewgTLDS.ICANN.org] Retrieved 25 Nov 2012</ref> The warning notes that the TLD refers to a regulated market but that the applicant has not provided for adequate measures to protect from consumer harm.<ref>[https://gacweb.icann.org/download/attachments/22938690/Finance-AU-18725.pdf?version=1&modificationDate=1353387757000 Finance AU, GACweb.ICANN.org] Retrieved 25 Nov 2012.</ref>
 
The application was issued a [[GAC]] Early Warning from the representative of Australia and GAC Chair, [[Heather Dryden]]. The warning system is noted as a strong recommendation on behalf of national governments to the [[ICANN Board]] that a given TLD application should be denied as it stands. Applicants are encouraged to work with objecting GAC members.<ref>[http://newgtlds.icann.org/en/applicants/gac-early-warning GAC Early Warning, NewgTLDS.ICANN.org] Retrieved 25 Nov 2012</ref> The warning notes that the TLD refers to a regulated market but that the applicant has not provided for adequate measures to protect from consumer harm.<ref>[https://gacweb.icann.org/download/attachments/22938690/Finance-AU-18725.pdf?version=1&modificationDate=1353387757000 Finance AU, GACweb.ICANN.org] Retrieved 25 Nov 2012.</ref>
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===European Commission Communiqué===
 
===European Commission Communiqué===
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The [[European Commission]] flagged the application for .finance outside of ICANN's defined remediation processes.
 
The [[European Commission]] flagged the application for .finance outside of ICANN's defined remediation processes.
  
Just after [[ICANN]]'s [[GAC]] issued its Early Warnings, which are advice given from one GAC member country to an applicant warning it of potential issues within its application, the [[European Commission]] issued a letter to all applicants within the [[New gTLD Program|new gTLD program]]. The letter highlights 58 applications that "could raise issues of compatibility with the existing legislation .. and/or with policy positions and objectives of the European Union." It notes a desire to open a dialogue with each offending applicant.
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Just after ICANN's [[GAC]] issued its Early Warnings, which are advice given from one GAC member country to an applicant warning it of potential issues within its application, the European Commission issued a letter to all applicants within the New gTLD Program. The letter highlights 58 applications that "could raise issues of compatibility with the existing legislation .. and/or with policy positions and objectives of the European Union." It notes a desire to open a dialogue with each offending applicant.
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The Commission specifically notes that this objection is not a part of the GAC Early Warning process, and goes on to note that "the Commission does not consider itself legally bound to ICANN processes," given that there is not legal agreement between the two bodies.<ref>[http://domainincite.com/docs/20121127093808906.pdf DomainIncite.com/Docs] Published 27 Nov 2012, Retrieved 11 Dec 2012</ref><ref>[http://domainincite.com/11130-europe-rejects-icanns-authority-as-it-warns-of-problems-with-58-new-gtlds Europe Rejects ICANNs Authority As it Warns of Problems with 58 New gTLDs, DomainIncite.com] Published 27 Nov 2012, Retrieved 11 Dec 2012</ref>
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==Contract Signed==
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On 20 March 2014 Donuts received a [[Registry Agreement]] signed by ICANN for .finance after passing all the required processes needed to become a Registry Operator for the string.<ref>[http://www.icann.org/en/about/agreements/registries-date Registry Agreements, ICANN.org] Retrieved 30 May 2014</ref>
  
The Commission specifically notes that this objection is not a part of the GAC Early Warning process, and goes on to note that "the Commission does not consider itself legally bound to [ICANN] processes," given that there is not legal agreement between the two bodies.<ref>[http://domainincite.com/docs/20121127093808906.pdf DomainIncite.com/Docs] Published 27 Nov 2012, Retrieved 11 Dec 2012</ref><ref>[http://domainincite.com/11130-europe-rejects-icanns-authority-as-it-warns-of-problems-with-58-new-gtlds Europe Rejects ICANNs Authority As it Warns of Problems with 58 New gTLDs, DomainIncite.com] Published 27 Nov 2012, Retrieved 11 Dec 2012</ref>
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==Delegation and Availability==
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.finance was delegated to the Root Zone of the [[DNS]] on 23 April, 2014, completing the successful application for the string.<ref name="delegation"></ref>
  
 
==References==
 
==References==
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[[Category:TLD]]
 
[[Category:TLD]]
 
[[Category:Commerce New gTLDs|finance]]
 
[[Category:Commerce New gTLDs|finance]]
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[[Category:TLDs with Registry Agreements|finance]]

Revision as of 21:12, 30 May 2014

Status: Delegated
Registry: Donuts
Registry Backend: Donuts
Type: Generic
Category: Commerce
PIC Submitted: Download Here
Priority #: 1766 - Donuts (Cotton Cypress, LLC)
nTLDStats
Registrations: 16,542
Parked Domains: 5,557
Parked Domain %: 33.59 %
Important Dates
Delegation: 29 April 2014
General Availability: 10 September 2014

More Information: NTLDStatsLogo.png

.finance is a gTLD that was proposed in ICANN's New gTLD Program. The applicant and now Registry Operator is Donuts (Cotton Cypress, LLC).[1] Their application succeeded and was delegated to the Root Zone on 29 April 2014.[2]

Background

The application was issued a GAC Early Warning from the representative of Australia and GAC Chair, Heather Dryden. The warning system is noted as a strong recommendation on behalf of national governments to the ICANN Board that a given TLD application should be denied as it stands. Applicants are encouraged to work with objecting GAC members.[3] The warning notes that the TLD refers to a regulated market but that the applicant has not provided for adequate measures to protect from consumer harm.[4]

European Commission Communiqué

The European Commission flagged the application for .finance outside of ICANN's defined remediation processes.

Just after ICANN's GAC issued its Early Warnings, which are advice given from one GAC member country to an applicant warning it of potential issues within its application, the European Commission issued a letter to all applicants within the New gTLD Program. The letter highlights 58 applications that "could raise issues of compatibility with the existing legislation .. and/or with policy positions and objectives of the European Union." It notes a desire to open a dialogue with each offending applicant.

The Commission specifically notes that this objection is not a part of the GAC Early Warning process, and goes on to note that "the Commission does not consider itself legally bound to ICANN processes," given that there is not legal agreement between the two bodies.[5][6]

Contract Signed

On 20 March 2014 Donuts received a Registry Agreement signed by ICANN for .finance after passing all the required processes needed to become a Registry Operator for the string.[7]

Delegation and Availability

.finance was delegated to the Root Zone of the DNS on 23 April, 2014, completing the successful application for the string.[2]

References