Historical Resolution Tracking Feature » 2009-07-30 - Amended Investment Policy

Important note: The explanatory text provided through this database (including the summary, implementation actions, identification of related resolutions, and additional information) is an interpretation or an explanation that has no official authority and does not represent the purpose behind the Board actions, nor does any explanations or interpretations modify or override the Resolutions themselves. Resolutions can only be modified through further act of the ICANN Board.

2009-07-30 - Amended Investment Policy


Resolution of the ICANN Board
Topic: 
Investment Policy
Summary: 

Board approved, and adopted minor amendments to, ICANN Investment Policy.

Category: 
Administration and Budget
Meeting Date: 
Thu, 30 Jul 2009
Resolution Number: 
2009.30.07.01
Status: 
Complete
Implementation Actions: 
  • Execute policy
    • Responsible entity: ICANN CFO
    • Due date: None specified
    • Completion date: September 2009
Resolution Text: 

Whereas, ICANN adopted its Investment Policy in November 2007.

Whereas, the Board Finance Committee requested that an outside expert review the Investment Policy to ensure it is appropriate for ICANN.

Whereas, the outside expert completed a review of the ICANN Investment Policy and concluded that overall the Investment Policy is consistent with best practices of other similar organizations.

Whereas, the outside expert recommended that minor modifications of the Investment Policy be made to ensure that it is as strong as possible.

It is hereby resolved (2009.30.07.01) that the Board endorses the ICANN Investment Policy and adopts the minor amendments to the Investment Policy.

Additional Information: 
  • No additional funding provided.