The Regional Internet Registries (RIRs) have signed a service level agreement with ICANN, clarifying their respective roles once IANA transition takes place.
The signing took place at the ICANN56 in Helsinki, Finland, and was welcomed by RIRs as “a significant milestone”.
Under the agreement, ICANN will continue to play its current role with respect to numbering resources (i.e. IP addresses). The RIRs will pay ICANN $650,000 annually for performing this function. The agreement requires ICANN to submit to periodic reviews by the RIRs, and puts in place a new dispute resolution framework to resolve disagreements.
In a joint press release, the RIRs said:
This event is a significant milestone in the long process of transition planning which started in March 2014 with US Government announcement. The process involved huge efforts by the Internet number community collectively, and by teams formed specifically to carry out the work.
For more information, see: ICANN and Regional Internet Registries Sign SLA for the IANA Numbering Services