[NCUC-DISCUSS] Replenishment Strategy for the ICANN Reserve Fund Webinar 1 March 2018 1700 UTC

[Thato Mfikwe]

Dear all,



The ICANN’s Finance Team is organising a webinar to look into replenishment
of  ICANN Reserve Fund and would like to invite you to attend a webinar.

The webinar will cover the following:

   - Replenishment Strategy for the ICANN Reserve Fund
   - Questions

Below are the details for the webinar and please also see the announcement
on ICANN.org at the following link: https://www.icann.org/news/ann
ouncement-2018-02-23-en



If you are unable to participate in this session, it be recorded and posted
to the community wiki for future viewing and additional questions.


Looking forward to your participation.
  Webinar Details and How to Attend

Date: 1 March 2018

Time 17:00 UTC

To participate please access the Remote Participation:

https://participate.icann.org/planning


*Brief background on Reserve Funds*:

When initially established, the ICANN Reserve Fund is targeted to cover 12
month of ICANN operational expenses due to ICANN's risk profile, unexpected
expenses and changing environmental factors of a particular FY. The Reserve
fund is governed by ICANN's Investment Policy
<https://www.icann.org/resources/pages/investment-policy-2017-09-18-en> and
normally used to address expenses relating to possible and potential
consequential events:

- Replenishing operating expenses due to unbudgeted events, payment of
liabilities and maintenance/replacement of assets

- Downsizing or restructuring of ICANN's operations

- Mitigation of security and stability threats and attacks

- Unplanned legal costs, unforeseen external events and operations after
disaster

- New and major programs resulting from a new strategic plan


To learn more about the Reserve Fund, please click here
<https://www.icann.org/public-comments/reserve-fund-2017-10-12-en> ,looking
forward to your participation, thanks.


Thato Mfikwe - NCSG Finance Committee
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