ICANN has sent a formal breach notice to top ten registrar NameCheap, saying the company failed to comply with a mandatory audit.
ICANN also claims in the notice (pdf) that the company has failed to keep its web site up to date with pricing information required by policies.
NameCheap, which says it has over three million domains under management, may be the largest registrar to get to the formal, published breach notice stage of the ICANN compliance process.
But it should be noted that while the company is accredited and must comply with its Registrar Accreditation Agreement, it does almost all of its business as an eNom reseller.
Just a handful of domain names are registered under NameCheap’s own IANA number.