Difference between revisions of ".financial"

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|category = [[:Category:Commerce New gTLDs|Commerce]]
|category = [[:Category:Commerce New gTLDs|Commerce]]
|community  =
|community  =
|priority = 1126 - [[Donuts]] (Just Cover, LLC)
|keypeople  =
|keypeople  =

Revision as of 08:09, 23 December 2012

Status: Proposed
Registry: Donuts
Registry Backend: Donuts
Type: Generic
Category: Commerce
Priority #: 1126 - Donuts (Just Cover, LLC)
Registrations: 6,267
Parked Domains: 3,557
Parked Domain %: 56.76 %
Important Dates
Delegation: 23 April 2014
General Availability: 06 August 2014

More Information: NTLDStatsLogo.png

.financial is a proposed TLD in ICANN's New gTLD Program. The applicant is Donuts (Just Cover, LLC).[1]

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.[2] 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.[3]

European Commission Objection

The European Commission objected to the application for .financial 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.[4][5]