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<p class="MsoNormal" style="margin:0cm 0cm 8pt;line-height:107%;font-size:11pt;font-family:"Calibri",sans-serif"><span style="font-size:9.5pt;line-height:107%;font-family:"Arial",sans-serif">Dear colleagues,<span></span></span></p>

<p class="MsoNormal" style="margin:0cm 0cm 8pt;line-height:107%;font-size:11pt;font-family:"Calibri",sans-serif"><span style="font-size:9.5pt;line-height:107%;font-family:"Arial",sans-serif">I am glad to announce that the<span style="color:rgb(0,0,255)"><b> <span class="gmail-m_8652676036792954292gmail-MsoHyperlink" style="text-decoration:underline"><a href="https://community.icann.org/display/gnsononcomstake/Committees-2018" style="text-decoration:underline" target="_blank">Finance
Committee of NCSG</a></span></b> </span>is now in place and ready to tackle governance
issues within NCSG to ensure the high levels of transparency and accountability
as enshrined in section 2.6 of the NCSG charter in relation to the NCSG Finance
committee.
The current members of NCSG FC are Farzaneh Badii (NCSG Chair), Remmy Nweke
(NPOC rep) and Thato Mfikwe (NCUC rep). The FC will periodically upload its
documents on the <a href="https://community.icann.org/display/gnsononcomstake/Finance+Committee#Information-175761693" target="_blank"><span style="color:rgb(11,83,148)"><b>NCSG FC Wikispace</b></span></a><span style="color:rgb(0,176,240)"> </span>for
 the
community to keep upto date with current and planned activities and have
 access to committee-generated action plans, reports and documents, so<span>  </span>lookout for monthly updates.<span></span></span></p>

<p class="MsoNormal" style="margin:0cm 0cm 8pt;line-height:107%;font-size:11pt;font-family:"Calibri",sans-serif"><span style="font-size:9.5pt;line-height:107%;font-family:"Arial",sans-serif">Please note the FC has not been fully operational in past years
with no historical financial records or operational guidelines to show for the past FY activities, thus the current committee
intends to build and establish this important pillar of NCSG
governance. The NCSG FC does not have an account, has no agreed formula on how
funds should be distributed by the NCSG EC to constituencies and has had no
visibility within NCSG activities yet, therefore a solid OP will be critical in
getting the ball rolling to put NCSG FC on its right pedestal.<br>
<br>
The NCSG Finance Committee<b> <span class="gmail-m_8652676036792954292gmail-MsoHyperlink" style="color:rgb(5,99,193);text-decoration:underline"><a href="https://docs.google.com/document/d/1XBL9khOhzxRRu5BiwCNeGu4suSfAw3tHFnNldeirnJQ/edit" style="color:rgb(5,99,193);text-decoration:underline" target="_blank">Operational
Procedure Draft document</a></span><span style="color:rgb(0,176,240)"> </span></b>is
available for comment, please note that the FC has only had discussion around
the OP but no formal consensus has been reached yet.<span></span></span></p>

<p class="MsoNormal" style="margin:0cm 0cm 8pt;line-height:107%;font-size:11pt;font-family:"Calibri",sans-serif"><span style="font-size:9.5pt;line-height:107%;font-family:"Arial",sans-serif">The Finance Committee DRAFT OP is built upon and guided by
clauses contained in the <a href="https://gnso.icann.org/en/improvements/ncsg-charter-05may11-en.pdf" target="_blank"><span style="color:rgb(11,83,148)"><b>NCSG Charter</b></span></a> (Section 2.6) which was adopted in May
2011, a long standing document that guides activities and operations of NCSG
and all its committees.<span></span></span></p>

<p class="MsoNormal" style="margin:0cm 0cm 8pt;line-height:107%;font-size:11pt;font-family:"Calibri",sans-serif">The comment process will start today, 1<b>5</b> July 2018 and end
on the 3<sup>rd</sup> of August 2018 at 12am UTC, upon which, the FC will
review comments, make necessary resolutions and send the second draft OP to the NCSG
EC for approval and adoption.<span></span></p>

<p class="MsoNormal" style="margin:0cm 0cm 8pt;line-height:107%;font-size:11pt;font-family:"Calibri",sans-serif">At the same time, the Finance Committee would like to know
if there are any major points that we (FC members) might missed in the coverage
of this Operational Procedure?</p><p class="MsoNormal" style="margin:0cm 0cm 8pt;line-height:107%;font-size:11pt;font-family:"Calibri",sans-serif"></p><p class="MsoNormal" style="margin:0cm 0cm 8pt;line-height:107%;font-size:11pt;font-family:"Calibri",sans-serif"><span></span></p>

<p class="MsoNormal" style="margin:0cm 0cm 8pt;line-height:107%;font-size:11pt;font-family:"Calibri",sans-serif">The NCSG FC welcomes your <span class="gmail-m_8652676036792954292gmail-il">comments</span> with
relevant rationale and looks forward to speaking with you more about how to best support
the NCSG community activities throughout the year.</p><p class="MsoNormal" style="margin:0cm 0cm 8pt;line-height:107%;font-size:11pt;font-family:"Calibri",sans-serif">Hoping to sharing a bit more on the NCSG FC updates in the next call later on, thanks.</p><p class="MsoNormal" style="margin:0cm 0cm 8pt;line-height:107%;font-size:11pt;font-family:"Calibri",sans-serif"><br></p><p class="MsoNormal" style="margin:0cm 0cm 8pt;line-height:107%;font-size:11pt;font-family:"Calibri",sans-serif">Yours in development,<br></p><p class="MsoNormal" style="margin:0cm 0cm 8pt;line-height:107%;font-size:11pt;font-family:"Calibri",sans-serif">Thato Mfikwe.</p><p class="MsoNormal" style="margin:0cm 0cm 8pt;line-height:107%;font-size:11pt;font-family:"Calibri",sans-serif">NCSG Finance Committee Chair</p>

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