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ARTICLE · 07 MAY 2015

Coming Soon: .Bank And .Insurance Domain Names

McCarthy Tétrault
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In 2008, the Internet Assigned Numbers Authority ("IANA"), the nonprofit organization overseeing global IP address allocation, began the process of creating and auctioning new top-level domains.

CanadaIntellectual Property
Ana Badour
Ana Badour
Sophie Gupta
Sophie Gupta
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In 2008, the Internet Assigned Numbers Authority ("IANA"), the nonprofit organization overseeing global IP address allocation, began the process of creating and auctioning new top-level domains. Since then, the Internet Corporation for Assigned Names and Numbers ("ICANN"), has confirmed a number of new 'generic' top level domains ("gTLD"), including two new "community-based gTLDs" for the financial services community, <.bank> and <.insurance>. "Community-based gTLDs" are top level domain names that are restricted to a specific community. fTLD Registry Services, LLC ("fTLD"), an organization founded and operated by a consortium of banks and insurance companies and their trade associations, was granted the right to operate <.bank>, on September 25, 2014, and <.insurance> on February 19, 2015.

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