.is shortens it's grace period

The grace period (i.e the period from when the domain is suspended until it is deleted) for .is domains has been 60 days from the beginning. This period will after April 1st. 2018 be shortened to 30 days, counting from the renewal date.

The reason for this is simply to get deleted domains one month sooner back on the market, and to align the .is domain rules to international conventions. After this change ISNIC will also inform the registrant precisely when the domain will be deleted, regardless of any holidays. This means that the so called holiday rule (.is domains  never deleted on holidays) will also be abandoned.

The third reason for this change, and perhaps the most important one, is to increase automation and enabling ISNIC to maintain stable registration and renewal fees in spite of cost increases.