Executive Council Meeting (Teleconference) - Thursday 21st June 2007

Draft Minutes

Start: 3:00 pm (UTC+10)

Present:

Apologies:

Agenda:

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

  1. Agenda bashing

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

  2. Minutes from last meeting

    • The minutes from the meetings on 12 April 2007 and 17 May 2007 were approved.

    Action ec-07-016: Secretariat to publish minutes from 12 April 2007

    Action ec-07-022: Secretariat to publish minutes from 17 May 2007

  3. Financial report for May 2007

    • The financial report for May 2007 has been circulated.
    • APNIC revenues are 4.4% over budget, while expenses are 12.3% below budget. There are some significant expenses that will occur later in the year, so they appear underspent in this pro-rata budget comparison.
    • There was a question about the year-to-date interest income. It was noted that interest income was $121,747 or 53.5% below budget for the first five months of the fiscal year because a number of term deposits have not yet matured.
    • By the end of May, APNIC had 1,456 members with 32 new members and 7 closures.
    • It was noted that in the second half of the year it is likely that APNIC will experience losses, due to higher expenses and the devaluation of the US dollar.
    • There was a request to defer approving the financial report for May 2007.
    • Kusumba Sridhar stated that as his questions to the Secretariat have not been answered to his satisfaction, he will not approve this report at this time.
    • The financial report was approved by a majority of EC members.

  4. KPMG fee structure review - Update

    • KPMG's proposal for the review of APNIC fee structure options has been circulated to the EC and is also available on the EC twiki.
    • There will be two sessions for EC discussion without the presence of KPMG during the Singapore meeting.
    • It was noted that the EC should discuss and decide what to do with the time slots reserved EC discussion in Singapore. APNIC Chair will facilitate the discussion.
    • KPMG will send each EC member a series of questions for their consideration prior to the workshop, and time has been allotted for each member to speak.
    • It was suggested that the EC decide if any changes need to be made to the KPMG’s proposed agenda.
    • It was noted that the fee working group is planning to put forward a proposal at APNIC 24.
    • Ming-Cheng will post his personal comments on fee structure based on the service model being used by RIPE NCC to the EC mailing list.
    • It was noted that KPMG has been using public information including annual reports, meeting records and past activities in their initial research.

  5. ICANN/NRO update

    • The revised text for the letter to RIR boards has been proposed by the DG and circulated to the EC.
    • The proposed text is condensed with a more general and inclusive paragraph covering our expectations of ICANN.
    • APNIC EC expressed general support for the amended text.

    Action ec-07-023: EC Chair to notify the RIR boards of APNIC’s support for this proposal.

  6. AOB

    • IPv4 consumption
    • JPNIC issued a press release regarding the IPv4 address consumption.
    • APNIC Secretariat offered to translate the document into English for JPNIC.
    • It was noted that both ARIN and LACNIC have published statements on IPv4 consumption, and pointers to these will be posted to the EC twiki.
    • It was noted that the RIR boards will discuss the IPv4 consumption issue at the RIR Board Meeting in San Juan, and the possibility of reaching a common position among the RIRs.

  7. Next meeting

    • 19 July 2007

Meeting closed 4:30 pm (UTC+10)

Open action items

Action ec-07-016: Secretariat to publish minutes from 12 April 2007

Action ec-07-022: Secretariat to publish minutes from 17 May 2007

Action ec-07-023: EC Chair to notify the RIR boards of APNIC’s support for this proposal.