- Category: Administration and Budget
- Topic: International Currency Exchange
- Board meeting date: 21 May 2009
- Resolution number: 2009-05-21-03
- URL for Board minutes/resolution: http://www.icann.org/en/minutes/minutes-21may09.htm
- Status: Suspended
Summary
Board approved the ICANN International Currency Exchange Risk Management Policy.
Text
Whereas, the Board Finance Committee has studied ICANN's international currency risks and recommends that the Board adopt the policy.
Resolved (2009-05-21-03), that the Board adopt the ICANN International Currency Exchange Risk Management Policy.
Implementation Actions
- Implement Policy
- Responsible entity: ICANN CFO
- Due date: None specified
- Completion date: Suspended (Implemented partially in May 2009 (in terms of execution of contracts), however full blown hedging strategy not implemented due to strategic considerations discussed with BFC (i.e., cost of implementation exceed value)).
Other Related Resolutions
- TBD
Additional Information
- No additional funding provided.
Explanatory text does not modify or override Resolutions. See Board Resolutions Page for more information.
