Why ChatGPT and Claude Can't Handle Bank Regulatory Compliance
General-purpose LLMs perform well on isolated regulatory questions. Ask ChatGPT or Claude about a specific BSA/AML requirement or FDIC filing rule and you'll often get a sharp, well-reasoned answer. But regulatory compliance at a bank isn't isolated questions — it's multi-step analysis across overlapping federal and state frameworks, with institution-specific context that builds from one step to the next.