Finance

UK financial regulators rush to assess risks of Anthropic’s latest AI model, FT reports

Published by Global Banking & Finance Review

Posted on April 12, 2026

2 min read

· Last updated: April 13, 2026

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UK financial regulators rush to assess risks of Anthropic’s latest AI model, FT reports
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April 12 (Reuters) - UK financial regulators are holding urgent talks with the government's cyber security agency and major banks to assess risks posed by the new artificial intelligence model from

UK regulators rush to assess risks of latest Anthropic AI model, FT reports

Regulatory Response to Anthropic's Latest AI Model

April 12 (Reuters) - British financial regulators are holding urgent talks with the government's cyber security agency and major banks to assess risks posed by the latest artificial intelligence model from Anthropic, the Financial Times reported on Sunday.

Coordination Among UK Authorities

Bank of England, Financial Conduct Authority and Treasury officials are in talks with the National Cyber Security Centre to examine potential vulnerabilities in critical IT systems highlighted by Anthropic's latest AI model, the FT said, citing two people briefed on the talks.

Official Responses

Anthropic did not respond to a Reuters' request for comment. The BoE, FCA and NCSC declined to comment. The UK Treasury was not immediately available for comment.

Industry Briefings and Cybersecurity Concerns

Representatives from major British banks, insurers and exchanges are expected to be briefed on the cyber security risks posed by the model, Claude Mythos Preview, at a meeting with regulators in the next fortnight, the newspaper said.

Verification and International Perspective

Reuters could not immediately verify details of the report.

US Treasury Involvement

Reuters nL4N40T024 reported on Friday, citing two sources, that U.S. Treasury Secretary Scott Bessent had called a meeting with major Wall Street banks on the model's cyber risk potential.

About the Claude Mythos Preview Model

AI startup Anthropic has said the model is being deployed as part of "Project Glasswing nL4N40Q0LK", a controlled initiative under which select organizations are permitted to use the unreleased Claude Mythos Preview model for defensive cyber security purposes.

Identified Vulnerabilities

In a blog post earlier this month, Anthropic said the model had already identified thousands of major vulnerabilities across operating systems, web browsers and other widely used software.

(Reporting by Mihika Sharma in Bengaluru; Editing by Bernadette Baum, Christina Fincher and Alexander Smith)

Key Takeaways

  • UK authorities accelerated scrutiny of Anthropic’s model amid fears it amplifies cyber threats and systemic financial vulnerabilities (toolhunt.io)
  • The move aligns with broader parliamentary and regulator warnings that AI—without specific regulation—could expose the financial system to serious harm (theguardian.com)
  • Anthropic’s latest models (e.g., Claude Opus 4.6 and Mythos) demonstrate potent cyber capabilities—finding hundreds of vulnerabilities and facilitating autonomous attacks—highlighting both defense potential and risk (axios.com)

References

Frequently Asked Questions

Why are UK financial regulators meeting about Anthropic's new AI model?
They are assessing the risks posed by this advanced AI technology to the financial sector.
Which organizations are involved in the talks about Anthropic's AI?
UK financial regulators, the government's cyber security agency, and major banks.
What specific concerns are regulators addressing regarding Anthropic's AI?
Potential risks and impacts on financial system security and stability.
Has the Financial Times' report been independently verified?
Reuters has not immediately verified the Financial Times' report.

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