Domain rules made in China.
If your domain sales to Chinese domain investors are red hot currently, this might soon change.
The Chinese government is currently working on a tight regulatory process that will evaluate all domain Registries and Registrars.
According to a report issued by the Hong Kong based agency BrandMa, the reach of the Chinese government will extend beyond the local ccTLD dot .CN.
Some points from the recently released report:
- The registrars involved with domain name registration service provision out of range or without approval shall conduct rectification timely and submit supplementary “Application Materials of Domain Name Registration Service Institution” to the communication management bureau of province, autonomous region or mun icipality where it is located for application within time limit of the stage;
- The registrars failing to meet the requirements of real-name registration shall conduct rectification timely and submit supplementary materials for real-name registration;
- The registrars in violation of laws such as propaganda exaggeration or domain name sales by improper means like fraud and coercion shall conduct rectification timely and complete rectification within time limit of this stage.
- The registrars with ICANN certification shall also submit application documents to the communication management bureau of province, autonomous region or municipality where they are located and obtain their approval to establish domain name registration service in China.
In other words, the communist government of China will be in full control and regulate the type of TLDs, gTLDs and ultimately, domain names that will be registrable, by imposing strict rules upon domain Registries and Registrars.
Meanwhile, domain crime in China has been rampant throughout 2014, with a sizable percentage of domain theft originating there.
For the full report from BrandMa, click here for the PDF file.
