US Commerce Department approves ICANN’s proposal for privatisation of IANA functions
The National Telecommunications and Information Administration (NTIA) of the US Department of Commerce has found to be “satisfactory” ICANN’s proposal for transition of IANA stewardship.
In its Assessment Report of the IANA Stewardship Transition Proposal, the NTIA finds that the ICANN proposal has broad community support and will achieve the following four principles:
In addition, a panel of corporate governance experts has concluded that the proposal is consistent with sound principles of good governance. For these reasons, NTIA found that the ICANN proposal “meets the criteria necessary to complete the long-promised privatization of the IANA functions”.
See IP Watch for a timetable of the steps remaining in the transition.