Federal Financial Institutions Examination Council
|For Immediate Release||October 7, 2013|
Financial Regulators Release Statement on End of Microsoft Support for Windows XP Operating System
The Federal Financial Institutions Examination Council (FFIEC) today issued a joint statement concerning Microsoft’s discontinuation of support for its Windows XP operating system as of April 8, 2014. The FFIEC agencies expect financial institutions and their technology service providers to identify, assess, and manage the potential operational risks associated with the discontinuation of XP support to ensure that safety and soundness and the ability to deliver products and services are not compromised.
The statement is available online at http://ithandbook.ffiec.gov/reference-materials.aspx.
The FFIEC was established in March 1979 to prescribe uniform principles, standards, and report forms, and to promote uniformity in the supervision of financial institutions. The Council has six voting members: a Governor of the Board of Governors of the Federal Reserve System, designated by the Chairman of the Board; the Chairman of the Federal Deposit Insurance Corporation; the Chairman of the Board of the National Credit Union Administration; the Comptroller of the Currency; the Director of the Consumer Financial Protection Bureau; and the Chairman of the State Liaison Committee. The Council's activities are supported by interagency task forces and by an advisory State Liaison Committee, comprised of five representatives of state agencies that supervise financial institutions.