The Internet Corporation for Assigned Names and Numbers (ICANN) announced November 12, 2004 that its new inter-registrar domain name transfer policy has gone into effect.
The new policy was created through ICANN's consensus-based, bottom-up policy development process and approved unanimously by both ICANN's Generic Names Supporting Organization (GNSO) and its Board of Directors.
Similar to how telephone number portability works in many countries, enhanced domain name portability will provide for greater consumer and business choice, enabling domain name registrants to select the registrar that offers the best services and price. The new policy also simplifies and standardizes the process to prevent abuses and provide clearer user information about the transfer process and options. The policy was originally announced July 12, 2004.
Central to the new policy and its efforts to provide strong protections against unauthorized transfers and to facilitate choice in domain name registration, all registrars are now required to use a clear standardized form of authorization that provides for the express consent of the domain name registrant prior to the initiation of any transfer.