[cabfpub] Improvement to EV Definitions

[kirk_hall at trendmicro.com]

Trend Micro will endorse for a ballot when you are ready.

From: public-bounces at cabforum.org [mailto:public-bounces at cabforum.org] On Behalf Of Jeremy Rowley
Sent: Friday, January 10, 2014 5:12 PM
To: CABFPub
Subject: [cabfpub] Improvement to EV Definitions

Hi everyone,

The EV Working Group has another proposal that is ready for general discussion and a ballot.  This proposal clarifies the definition of Business Entities, Private Organizations, and Incorporating Agencies. The change to Business Entity fixes the omission of non-commercial entities and clarifies that the examples are not all-encompassing. The Private Organization change helps promote EV in  countries where they don't generally use the term "Incorporating Agency". The change in Incorporating Agency gives the guidelines a more international focus by using the term formation over incorporation and by acknowledging that businesses are generally registered, not established, with a filing.

Here are the proposed definition changes:

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Business Entity: Any entity that is not neither a Private Organization,  nor a Government Entity, or Non-Commercial Entity as defined herein.  Examples include, but are not limited to, general partnerships, unincorporated associations, and sole proprietorships, etc.

Private Organization: A non-governmental legal entity (whether ownership interests are privately held or publicly traded) whose existence was created by a filing with (or an act of) the Incorporating Agency or equivalent in its Jurisdiction of Incorporation.

Incorporating Agency: In the context of a Private Organization, the government agency in the Jurisdiction of Incorporation under whose authority the legal existence of the entity is registered Private Organizations is established (e.g., the government agency that issues Certificates of Incorporation certificates of formation or incorporation). In the context of a Government Entity, the entity that enacts law, regulations, or decrees establishing the legal existence of Government Entities.
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We welcome your feedback.

Jeremy

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