ICANN has recently signed an agreement with the ICM Registry for the introduction of the new .XXX top-level domain name.ICANN wants the ICM Registry to provide a compliance certification signed by the ICM Registry CEO twice in the first year and annually after that.
Moreover,ICANN decided to double the registration fee from,$1 to $2 .They decided to increase the fees for " anticipated risks and compliance activities and a fee escalator that will allow for increases to the fees and to account for inflation."
Moreover,ICANN asked the ICM Registry,along with compliance certification, a summary of IFFOR's audit of ICM's compliance procedures.
ICANN requirements also include :
"Monthly reports must include a line item for “attempted adds” (success and failure) and there are updated references to RFC’s on internationalized domain names. ICANN also has a right to consent to any proposed change to the definition of “Sponsored Community” by the registry."
"Revised indemnification procedures will allow ICANN to manage any third party dispute proceedings at ICM’s expense. ICM’s consent would be required for ICANN to settle a proceeding in a way that requires ICM to pay monetary damages, and ICANN would be required to work in good faith to mitigate ICM’s expenses."
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