Latest news of the domain name industry

Recent Posts

DENIC approved as ICANN escrow agent

Kevin Murphy, March 24, 2017, Domain Registries

German ccTLD registry DENIC has been given ICANN approval to provide data escrow services to registrars.

It becomes the seventh company to receive this accreditation, the second in Europe after the UK’s NCC Group.

Denic The company said it signed its ICANN contract and first registrar, Global Village, at the ICANN meeting in Copenhagen last week.

DENIC said the ICANN contract is unique in that it is governed by German or Swiss law, rather than Californian.

It also said that it is in compliance with European Union data protection legislation, which is much stricter than the US equivalent, for the first time.

The deal with ICANN does not extend to data escrow services for gTLD registries, but DENIC said it is working on such a deal.

All registrars are required by their ICANN accreditation to escrow registrant data, to protect customers from catastrophic business failures or de-accreditation.