No, this is incorrect - it is part of the new Registry Registrar Agreement that ...

aeden on Jan 3, 2014 | parent | context | favorite | on: ICANN's new rules for domain registrants require y...

No, this is incorrect - it is part of the new Registry Registrar Agreement that ICANN ratified earlier this year. It goes into effect 1 January. All accredited registrars will have to agree to it this year to retain their accreditation.