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JPMorgan Chase Bans Hong Kong Staff from Accessing Anthropic's Claude Model

GateNews
AI Industry News
According to Financial Times, JPMorgan Chase has restricted Hong Kong employees from accessing Claude, Anthropic's AI model, citing limitations in the company's service terms. The large language model has been removed from the internal approved list for the bank's Hong Kong division. This move follows Goldman Sachs' similar decision earlier this year to block Claude access in the region. Both Wall Street firms cited Anthropic's terms of service, which explicitly exclude Greater China, including Hong Kong, from its service scope. U.S. AI companies have implemented such restrictions partly to prevent "model distillation" risks, where teams could use frequent model calls to train proprietary systems.
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