<html><head><meta http-equiv="Content-Type" content="text/html; charset=utf-8"></head><body style="word-wrap: break-word; -webkit-nbsp-mode: space; line-break: after-white-space;" class=""><meta http-equiv="Content-Type" content="text/html; charset=utf-8" class=""><div style="word-wrap: break-word; -webkit-nbsp-mode: space; line-break: after-white-space;" class="">Dear Jeff:<div class=""><br class=""></div><div class="">Thankyou. Noted. I look forward to the discussion of those Reserved Names (there are others).</div><div class=""><br class=""></div><div class="">Meanwhile, may I say that I do not see this as a question of ‘confusion’ as you have described it. </div><div class=""><br class=""></div><div class="">Rather we are dealing with the risks to the global financial systems that could arise from independent platforms based on a portfolio of ISO4217 alpha 3 codes as TLDs offering financial and foreign exchange services outside the remit of existing official structures, snd policies. I gather recently (actually, today) that we are not alone in addressing these kinds of issues:</div><div class=""><br class=""></div><div class=""><a href="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3414401&download=yes" class="">https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3414401&download=yes</a></div><div class=""><br class=""></div><div class="">However, the opportunity of such developments is for others to determine. All I am proposing is to protect ICANN’s reputation and independence from any regulatory issues arising from otherwise unauthorised use of ISO4217 codes as TLDs as platforms for financial and foreign exchange services.</div><div class=""><br class=""></div><div class="">Accordingly, I propose that the ISO4217 codes be reserved and protected in the same way as the ISO3166 alpha3 codes. Policies for the eventual release of those codes as TLDs could be developed in consultation with the interested parties which - by and large - are still outside the ICANN community and the GNSO.</div><div class=""><br class=""></div><div class="">Best regards toy all</div><div class=""><br class=""></div><div class="">CW</div><div class=""><br class=""></div><div class=""><br class=""></div><div class=""><br class=""></div><div class=""><br class=""></div><div class=""><div class=""><br class=""><blockquote type="cite" class=""><div class="">On 12 Aug 2019, at 15:21, Jeff Neuman <<a href="mailto:jeff.neuman@comlaude.com" class="">jeff.neuman@comlaude.com</a>> wrote:</div><br class="Apple-interchange-newline"><div class=""><div class="WordSection1" style="page: WordSection1; caret-color: rgb(0, 0, 0); font-family: Helvetica; font-size: 12px; font-style: normal; font-variant-caps: normal; font-weight: normal; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration: none;"><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class="">Thanks Christopher. I understand the scope of how foreign exchange rates and transactions are in the world. I guess what I was really asking was about the scope of the problem and what issues are being caused now that would necessitate the reservation of those codes (or protection of those codes) at the top level. <o:p class=""></o:p></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class="">So, for example, “CUP” is the 3-letter code for the Cuban Peso, “MOP” for the Macao Pataca, “MAD” for the Moroccan Durham, “NPR” for the Nepalese Rupee (also in US is known by most people at the National Public Radio, “RUB” for the Russian Ruble, and “TOP” for the Tonga Pa’anga (NOTE: This is already a TLD). In the last example, has there been any noted cases of confusion of harm attributable to the match of the TLD and the currency code.<o:p class=""></o:p></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class="">So when we get to the topic of reserved names in the full working group, this subject can be brought up, and the group can understand the scope of the problem and the necessity (if any) to protect those 3-letter codes. <o:p class=""></o:p></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><br class="">Thanks.<o:p class=""></o:p></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></div><div class=""><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><b class=""><span lang="EN-GB" style="font-size: 9pt; font-family: Arial, sans-serif;" class="">Jeffrey J. Neuman</span></b><span lang="EN-GB" style="font-size: 9pt; font-family: Arial, sans-serif;" class=""><br class="">Senior Vice President<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><b class=""><span lang="EN-GB" style="font-size: 9pt; font-family: Arial, sans-serif;" class="">Com Laude | Valideus<br class=""></span></b><span lang="EN-GB" style="font-size: 9pt; font-family: Arial, sans-serif;" class="">1751 Pinnacle Drive , Suite 600<br class="">Mclean , VA 22102<br class="">UNITED STATES<br class=""> <br class="">T: +1.703.635.7514<br class="">M: +1.202.549.5079<br class=""><br class=""><o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span lang="EN-GB" style="font-family: Arial, sans-serif;" class=""> <o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span lang="EN-GB" style="font-size: 8pt; font-family: Arial, sans-serif;" class=""><o:p class=""> </o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span lang="EN-GB" style="font-size: 8pt; font-family: Arial, sans-serif;" class="">CONFIRMATION OF ORDERS: Please note that we always confirm receipt of orders. To assist us in identifying orders, please use the word ORDER in the subject line of your email. If you have sent us an order and have not received confirmation on the same working day (PST) it is possible that your order has not been received or has been trapped by our spam filter. In this case, please contact your client manager or<span class="Apple-converted-space"> </span><a href="mailto:admin@comlaude.com" style="color: purple; text-decoration: underline;" class="">admin@comlaude.com</a><span class="Apple-converted-space"> </span>for confirmation that the order has been received and is being processed. Thank you.<o:p class=""></o:p></span></div></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></div><div class=""><div style="border-style: solid none none; border-top-width: 1pt; border-top-color: rgb(225, 225, 225); padding: 3pt 0in 0in;" class=""><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><b class="">From:</b><span class="Apple-converted-space"> </span><a href="mailto:lists@christopherwilkinson.eu" class="">lists@christopherwilkinson.eu</a> <<a href="mailto:lists@christopherwilkinson.eu" class="">lists@christopherwilkinson.eu</a>><span class="Apple-converted-space"> </span><br class=""><b class="">Sent:</b><span class="Apple-converted-space"> </span>Sunday, August 11, 2019 8:17 AM<br class=""><b class="">To:</b><span class="Apple-converted-space"> </span>Julie Hedlund <<a href="mailto:julie.hedlund@icann.org" class="">julie.hedlund@icann.org</a>>; Jeff Neuman <<a href="mailto:jeff.neuman@comlaude.com" class="">jeff.neuman@comlaude.com</a>><br class=""><b class="">Cc:</b><span class="Apple-converted-space"> </span><a href="mailto:gnso-newgtld-wg@icann.org" class="">gnso-newgtld-wg@icann.org</a>; CW <<a href="mailto:mail@christopherwilkinson.eu" class="">mail@christopherwilkinson.eu</a>><br class=""><b class="">Subject:</b><span class="Apple-converted-space"> </span>Re: [Gnso-newgtld-wg] Proposed agenda - New gTLD Subsequent Procedures PDP WG - 12 August 2019 at 15:00 UTC<o:p class=""></o:p></div></div></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></div><div class=""><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: Arial, sans-serif; color: rgb(34, 34, 34);" class="">Dear Jeff :</span><o:p class=""></o:p></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif; widows: 2; orphans: 2;" class=""><span style="font-family: Arial, sans-serif; color: rgb(34, 34, 34);" class="">During our most recent conference call, you asked me to quantify the scope of the Foreign edchange Transactions and the businesses supported by protected geographical indications.<br class=""><br class="">As I said at the time, I do not have the time or resources to conduct a thorough study, but a few minutes’ Goodle Search gives rise to confirmation of the importance of these economic activities.</span><o:p class=""></o:p></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif; widows: 2; orphans: 2;" class=""><b class=""><span style="font-family: Arial, sans-serif; color: rgb(34, 34, 34);" class="">1. Foreign exchange transactions (ISO 4217 currency codes.)</span></b><o:p class=""></o:p></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif; widows: 2; orphans: 2;" class=""><span style="font-family: Arial, sans-serif; color: rgb(34, 34, 34);" class="">« According to </span><b class=""><span style="font-size: 9pt; font-family: Arial, sans-serif; color: rgb(34, 34, 34);" class="">the</span></b><span style="color: rgb(34, 34, 34);" class=""> </span><span style="font-family: Arial, sans-serif; color: rgb(34, 34, 34);" class="">Bank for </span><b class=""><span style="font-size: 9pt; font-family: Arial, sans-serif; color: rgb(34, 34, 34);" class="">International</span></b><span style="color: rgb(34, 34, 34);" class=""> </span><span style="font-family: Arial, sans-serif; color: rgb(34, 34, 34);" class="">Settlements, </span><b class=""><span style="font-size: 9pt; font-family: Arial, sans-serif; color: rgb(34, 34, 34);" class="">the</span></b><span style="color: rgb(34, 34, 34);" class=""> </span><span style="font-family: Arial, sans-serif; color: rgb(34, 34, 34);" class="">preliminary </span><b class=""><span style="font-size: 9pt; font-family: Arial, sans-serif; color: rgb(34, 34, 34);" class="">global</span></b><span style="color: rgb(34, 34, 34);" class=""> </span><span style="font-family: Arial, sans-serif; color: rgb(34, 34, 34);" class="">results from </span><b class=""><span style="font-size: 9pt; font-family: Arial, sans-serif; color: rgb(34, 34, 34);" class="">the</span></b><span style="color: rgb(34, 34, 34);" class=""> </span><span style="font-family: Arial, sans-serif; color: rgb(34, 34, 34);" class="">2016 Triennial Central Bank Survey </span><b class=""><span style="font-size: 9pt; font-family: Arial, sans-serif; color: rgb(34, 34, 34);" class="">of Foreign Exchange</span></b><span style="color: rgb(34, 34, 34);" class=""> </span><span style="font-family: Arial, sans-serif; color: rgb(34, 34, 34);" class="">and OTC Derivatives Markets Activity show that trading in </span><b class=""><span style="font-size: 9pt; font-family: Arial, sans-serif; color: rgb(34, 34, 34);" class="">foreign exchange</span></b><span style="color: rgb(34, 34, 34);" class=""> </span><span style="font-family: Arial, sans-serif; color: rgb(34, 34, 34);" class="">markets averaged $5.09 trillion </span><b class=""><span style="font-size: 9pt; font-family: Arial, sans-serif; color: rgb(34, 34, 34);" class="">per day</span></b><span style="color: rgb(34, 34, 34);" class=""> </span><span style="font-family: Arial, sans-serif; color: rgb(34, 34, 34);" class="">in April 2016. »</span><o:p class=""></o:p></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif; widows: 2; orphans: 2;" class=""><span style="font-family: Arial, sans-serif; color: rgb(34, 34, 34);" class=""><a href="https://www.statista.com/statistics/247328/activity-per-trading-day-on-the-global-currency-market/" style="color: purple; text-decoration: underline;" class="">https://www.statista.com/statistics/247328/activity-per-trading-day-on-the-global-currency-market/</a></span><o:p class=""></o:p></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif; widows: 2; orphans: 2;" class=""><span style="font-family: Arial, sans-serif; color: rgb(34, 34, 34);" class="">As I understand these FOREX markets, (a) a significant proportion of these transactions are automatic outcomes of small shifts in the exchange rates and (b) the transactions involve the electronic identification of the buying and selling parties and currencies.<br class=""><br class="">Subject to confirmation or contradiction I believe that the ISO 4217 alpha3 codes are widely used for that purpose. This is why I have argued in WT5 and in the PDP that these currency codes should be reserved by ICANN until there is a clear agreement with the international Central Banks (e.g. through IMF or BSI) as to whether these codes could be delegated and to which entities, not excluding themselves.</span><o:p class=""></o:p></div><ol start="2" type="1" style="margin-bottom: 0in;" class=""><li class="MsoNormal" style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;"><b class=""><span style="font-size: 9pt; font-family: Arial, sans-serif; color: rgb(34, 34, 34);" class="">Geographical Indications (GIs)</span></b><o:p class=""></o:p></li></ol><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif; widows: 2; orphans: 2;" class=""><span style="font-size: 9pt; font-family: Arial, sans-serif; color: rgb(34, 34, 34);" class="">The IPR rights in GIs are well established in many jurisdictions. Their economic significance is considerable in the regions most concerned. At short notice, I only have an EU source to quantify their economic importance. From an 2011 EU Court of Auditors report (There are others):</span><o:p class=""></o:p></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif; widows: 2; orphans: 2;" class=""><span style="font-size: 6pt; font-family: Verdana, sans-serif;" class=""><a href="https://europa.eu/rapid/press-release_ECA-11-41_en.htm" style="color: purple; text-decoration: underline;" class="">https://europa.eu/rapid/press-release_ECA-11-41_en.htm</a></span><o:p class=""></o:p></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif; widows: 2; orphans: 2;" class=""><span style="color: rgb(34, 34, 34);" class="">“</span><span style="font-size: 9pt; font-family: inherit, serif; color: rgb(34, 34, 34);" class="">The geographical indications (GI) scheme aims to protect product names which are registered as Protected Designation of Origin or</span><span style="font-size: 9pt; font-family: Arial, sans-serif; color: rgb(34, 34, 34);" class=""> </span><span style="font-size: 9pt; font-family: inherit, serif; color: rgb(34, 34, 34);" class="">Protected Geographical Indication, whose overall wholesale value is estimated at € 15 billion (per year-cw). The scheme also provides a potential economic opportunity for farmers and producers of food and can have a positive impact on the rural economies of the EU’s regions, as well as offer an impetus for safeguarding local culture and tradition and provide consumers with the opportunity to be more aware of the origin of the products they consume.”</span><o:p class=""></o:p></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><br class=""><span style="font-family: Arial, sans-serif; color: rgb(34, 34, 34);" class="">Granted that fifteen billion per year is less than five trillion per day. But I nevertheless consider that since the GIs are protected by applicable local law, ICANN should reserve all such names in the agreed languages. and regulate eventual delegation to authorised Registries.<br class=""><br class="">I trust that this preliminary response to your question is helpful</span><o:p class=""></o:p></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: Arial, sans-serif; color: rgb(34, 34, 34);" class="">Regards</span><o:p class=""></o:p></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: Arial, sans-serif; color: rgb(34, 34, 34);" class="">Christopher Wilkinson</span><o:p class=""></o:p></div><div class=""><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><br class=""><br class=""><o:p class=""></o:p></div><blockquote style="margin-top: 5pt; margin-bottom: 5pt;" class=""><div class=""><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class="">On 9 Aug 2019, at 14:33, Julie Hedlund <<a href="mailto:julie.hedlund@icann.org" style="color: purple; text-decoration: underline;" class="">julie.hedlund@icann.org</a>> wrote:<o:p class=""></o:p></div></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></div><div class=""><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><br class=""> <o:p class=""></o:p></div></div></blockquote></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></div></div></div><hr style="caret-color: rgb(0, 0, 0); font-family: Helvetica; font-size: 12px; font-style: normal; font-variant-caps: normal; font-weight: normal; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration: none;" class=""><span style="caret-color: rgb(0, 0, 0); font-family: Helvetica; font-size: 12px; font-style: normal; font-variant-caps: normal; font-weight: normal; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration: none; float: none; display: inline !important;" class="">The contents of this email and any attachments are confidential to the intended recipient. They may not be disclosed, used by or copied in any way by anyone other than the intended recipient. If you have received this message in error, please return it to the sender (deleting the body of the email and attachments in your reply) and immediately and permanently delete it. Please note that the Com Laude Group does not accept any responsibility for viruses and it is your responsibility to scan or otherwise check this email and any attachments. The Com Laude Group does not accept liability for statements which are clearly the sender's own and not made on behalf of the group or one of its member entities. The Com Laude Group includes Nom-IQ Limited t/a Com Laude, a company registered in England and Wales with company number 5047655 and registered office at 28-30 Little Russell Street, London, WC1A 2HN England; Valideus Limited, a company registered in England and Wales with company number 06181291 and registered office at 28-30 Little Russell Street, London, WC1A 2HN England; Demys Limited, a company registered in Scotland with company number SC197176, having its registered office at 33 Melville Street, Edinburgh, Lothian, EH3 7JF Scotland; Consonum, Inc. dba Com Laude USA and Valideus USA, headquartered at 1751 Pinnacle Drive, Suite 600, McLean, VA 22102, USA; Com Laude (Japan) Corporation, a company registered in Japan having its registered office at Suite 319,1-3-21 Shinkawa, Chuo-ku, Tokyo, 104-0033, Japan. For further information see<span class="Apple-converted-space"> </span></span><a href="https://comlaude.com/" target="_blank" style="color: purple; text-decoration: underline; font-family: Helvetica; font-size: 12px; font-style: normal; font-variant-caps: normal; font-weight: normal; letter-spacing: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px;" class="">www.comlaude.com</a></div></blockquote></div><br class=""></div></div></body></html>