Here is a bit more with some background. In addition to Olevie's
link to the NTIA assessment report, NPOC members might like the
results of NTIA's external expert consultation:
June 9, 2016: Larry Strickling of the U.S. government’s NTIA
has announced that the IANA Transition and Accountability
proposals developed
by the ICANN community have met the criteria established by the
NTIA.
The
transition proposal has been accepted by the Executive branch of
the U.S.
government.
Quote from the Consultation: "Finally, NTIA commissioned a panel
of corporate
governance experts including Columbia Law Professor John Coffee ,
Brooklyn
Law Professor Dana Brakman Reiser , and The Berkman Center for
Internet
& Society at Harvard University to review the ICANN
accountability
provisions. The expert panel concluded that the accountability
recommendations
are consistent with sound principles of good governance that
reflect the unique
and important mission of ICANN within the Internet ecosystem. In
addition, the
experts concluded that the proposal renders the prospects for
takeover by a
single government, group of governments, or one or more economic
actors to be
extremely remote.”