Lise, I do not understand what my apparent action item is regarding the following: "The chairs suggests that this information is given to Sidley from the DTO/the chair of DTO as soon as possible." What information? Chuck From: Lise Fuhr [mailto:Fuhr@etno.eu] Sent: Wednesday, February 10, 2016 3:43 PM To: Gomes, Chuck; Paul M Kane - CWG; cwg-stewardship@icann.org Cc: Paul M Kane (Paul.Kane@communitydns.net); allan.macgillivray@cira.ca; Bart Boswinkel (bart.boswinkel@icann.org); Maarten Simon; Jordan Carter; 'Jonathan Zuck' (jzuck@actonline.org); 'Jonathan Robinson' (jonathan.robinson@ipracon.com); Grace Abuhamad (grace.abuhamad@icann.org) Subject: Update RE: CWG IANA Budget Call 9 Feb 16 - Suggestion to ensure financial stability of PTI. Dear All, Yesterday we had a call regarding the CCWG implementation of our budget requirements. The call had two purposes: 1. To address some concerns raised by CWG member Paul Kane 2. To make sure that Sidley has an overview of the actual changes in relation to the draft we commented on in December 2015. 1. Paul's concern is that the PTI budget is not sufficiently ring fenced in relation to ICANN if anything goes wrong (e.g. bankruptcy) and that this creates a possible instability in the future. To solve this issue Paul suggested a three year escrow or a reserve fund. At the call there seemed to be general support for the idea of extra financial security to PTI. Since this is not a part of the requirements to the CCWG nor an explicit part of the proposal the chairs will like to underline that we can't amend the proposal nor include this in the CCWG requirements. We believe that this can be a part of the implementation and we will discuss the way forward on the next CWG call. 2. Since Sidley couldn't join the call yesterday we didn't manage to give them an overview of the actual changes to the budget requirements. Furthermore we didn't have time to discuss the changes at the call so there is no recording and hence a need to inform Sidley about these changes in writing. The chairs suggests that this information is given to Sidley from the DTO/the chair of DTO as soon as possible. Best regards, Lise -----Original Message----- From: Gomes, Chuck [mailto:cgomes@verisign.com] Sent: 10 February 2016 04:34 To: Paul M Kane - CWG Cc: Paul M Kane (Paul.Kane@communitydns.net<mailto:Paul.Kane@communitydns.net>); allan.macgillivray@cira.ca<mailto:allan.macgillivray@cira.ca>; Bart Boswinkel (bart.boswinkel@icann.org<mailto:bart.boswinkel@icann.org>); Maarten Simon; Jordan Carter; 'Jonathan Zuck' (jzuck@actonline.org<mailto:jzuck@actonline.org>); 'Jonathan Robinson' (jonathan.robinson@ipracon.com<mailto:jonathan.robinson@ipracon.com>); Lise Fuhr; Grace Abuhamad (grace.abuhamad@icann.org<mailto:grace.abuhamad@icann.org>) Subject: RE: CWG IANA Budget Call 9 Feb 16 - Suggestion to ensure financial stability of PTI. Thank you very much Paul. I am not a lawyer either so I will let Lise and Jonathan decide how to refine the language. Whether or not 3 years reserve is the right amount or not, I don't personally know but we can discuss that on the CWG list as Lise and Jonathan see fit. Chuck -----Original Message----- From: Paul M Kane - CWG [mailto:paul.kane-cwg@icb.co.uk] Sent: Tuesday, February 09, 2016 10:13 PM To: Gomes, Chuck Cc: Paul M Kane (Paul.Kane@communitydns.net<mailto:Paul.Kane@communitydns.net>); allan.macgillivray@cira.ca<mailto:allan.macgillivray@cira.ca>; Bart Boswinkel (bart.boswinkel@icann.org<mailto:bart.boswinkel@icann.org>); Maarten Simon; Jordan Carter; 'Jonathan Zuck' (jzuck@actonline.org<mailto:jzuck@actonline.org>); 'Jonathan Robinson' (jonathan.robinson@ipracon.com<mailto:jonathan.robinson@ipracon.com>); Lisa Fuhr (fuhr@etno.eu<mailto:fuhr@etno.eu>); Grace Abuhamad (grace.abuhamad@icann.org<mailto:grace.abuhamad@icann.org>) Subject: Re: CWG IANA Budget Call 9 Feb 16 - Suggestion to ensure financial stability of PTI. Chuck Thanks for the call yesterday ..... As requested, below is my first cut at a potential Bylaw (I am not a lawyer!!) - change as you wish Best Paul To respect the operational and financial autonomy of the IANA/PTI service to the community, the Board of ICANN shall provide an arms-length mechanism for the management board of PTI to be able to undertake the independent financial administration and accountability of PTI by ensuring a dedicated rolling three year reserve for future expenses and contingencies reasonably related to the legitimate activities of PTI.