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|status = Delegated

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

'''.financial''' is a [[gTLD]] that was proposed in [[ICANN]]'s [[New gTLD Program]]. The applicant and now [[Registry Operator]] is [[Donuts]] (Just Cover, 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 23 April 2014.<ref name="delegation">[http://newgtlds.icann.org/en/program-status/delegated-strings Delegated Strings, ICANN.org] Retrieved 30 May 2014</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/Financial-AU-71764.pdf?version=1&modificationDate=1353387871000 Financial AU, GACweb.ICANN.org]</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/Financial-AU-71764.pdf?version=1&modificationDate=1353387871000 Financial AU, GACweb.ICANN.org]</ref>

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

The [[European Commission]] flagged 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|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.

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.<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>

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>

==Application Details==

 

===Application Details===

The following is excerpted from the applicant's response to question #18:

The following is excerpted from the applicant's response to question #18:

OUR PROTECTIONS

OUR PROTECTIONS

Donuts has consulted with and evaluated the ideas of international law enforcement, consumer privacy advocacy organizations, intellectual property interests and other Internet industry groups to create a set of protections that far exceed those in existing TLDs, and bring to the Internet namespace nearly two dozen new rights and protection mechanisms to raise user safety and protection to a new level."<ref>[http://gtldresult.icann.org/application-result/applicationstatus/applicationdetails/771 Application Download, gTLDresult.ICANN.org] Retrieved 26 Feb 2013</ref>

Donuts has consulted with and evaluated the ideas of international law enforcement, consumer privacy advocacy organizations, intellectual property interests and other Internet industry groups to create a set of protections that far exceed those in existing TLDs, and bring to the Internet namespace nearly two dozen new rights and protection mechanisms to raise user safety and protection to a new level."<ref>[http://gtldresult.icann.org/application-result/applicationstatus/applicationdetails/771 Application Download, gTLDresult.ICANN.org] Retrieved 26 Feb 2013</ref>

==References==

==References==

{{reflist}}

{{reflist}}

[[Category:TLD]]

[[Category:TLD]]

[[Category:Commerce New gTLDs|financial]]

[[Category:Commerce New gTLDs|financial]]