Executive Council Meeting (Teleconference) - Thursday 19th July 2007

Draft Minutes

Start: 3:00 pm (UTC+10)

Present:

Apologies:

Agenda:

  1. Agenda bashing
  2. Minutes from last meeting
  3. Financial report for June 2007
  4. KPMG fee structure review – Update
  5. ICANN/NRO update
  6. AOB

  1. Agenda bashing

    • The following topic was added to the agenda:
      • None.

  2. Minutes from last meeting

    • The minutes from the meeting on 21 June 2007 were approved.

    Action ec-07-024: Secretariat to publish minutes from 21 June 2007.

    • A special meeting of the APNIC EC was held at Singapore on 9 July 2007. The notes will be circulated to the EC for approval at the next EC Meeting.

  3. Financial report for June 2007

    • The financial report for June 2007 has been circulated.
    • The June report is the semi-annual report.
    • The financial status includes the first six months of 2007 compared to the same period in 2006.
    • The report also compares the projected revenues and expenses for the full fiscal year with the budget approved by the EC. Projected expenses are 0.7% below 2007 budget and projected revenues are 1.5% above budget, prior to foreign exchange rate adjustments.
    • Projected revenues are 3% below the budget after taking into account of foreign exchange effects.
    • It is projected that there will be an end of year loss of approximately A$800,000 instead of a loss of A$623,000 from the original budget.
    • By the end of June, APNIC had 1,472 members in 50 economies; after 25 new members and 11 closures in June.
    • There was a discussion of the cash reserves. Most funds are in term deposit; around 50 percent are currently held in AU dollars and the rest are in US dollars.
    • The EC approved the financial report.

  4. KPMG fee structure review - Update

    • There is little progress to report on these issues.
    • The figures for the new fee adjustments have been circulated to the EC.
    • There was no response to the posting to the fee working group.
    • APNIC Secretariat will get in touch with KPMG for further discussion.

  5. ICANN/NRO update

    • The NRO letter to ICANN was agreed by the RIR boards, and given to ICANN during the Puerto Rico meeting. It is now being considered by ICANN.
    • There was a discussion of NRO participation in the IGF in Rio de Janeiro, Brazil. NRO is listed as a participant in two workshops.
    • It was noted that more than 60 proposals for workshops were submitted to the IGF Secretariat by the deadline. There was some overlap between some workshop proposals and many will need to be merged.
    • There are two IPv6 workshop proposals that will probably need to be merged together. NRO will participate in that workshop.
    • NRO will host an information display stand at the IGF to promote the understanding of IP addressing issues and disseminate information.

  6. AOB

    • VoIP
      • There was a discussion of the VoIP teleconference system for the EC meetings.
    • APNIC 24 Policy proposal
      • There was a brief discussion of the IPv4 resource transfers policy proposal.
      • The deadline for policy submissions is 6 August 2007.

  7. Next meeting

    • 16 August 2007

Meeting closed 4:10 pm (UTC+10)

Open action items

Action ec-07-024: Secretariat to publish minutes from 21 June 2007.