# KPMG

Banks in China Cool on the 'OpenClaw' Fad as Autonomous AI Collides with Compliance

OpenClaw, an open‑source autonomous AI agent, has surged in popularity in China but has faced regulatory warnings and a cautious banking sector response because of its system‑level permissions and security vulnerabilities. Chinese banks are exploring agent technologies in controlled, private environments while insisting on strict access controls, human review, and regulatory coordination before scaling to core financial functions.