As large language models (LLMs) are increasingly deployed in financial services, a single non-compliant interaction can expose institutions to regulatory penalties and direct consumer harm. Existing guard models are built around general harm taxonomies and overlook violations grounded in specific financial regulations. We address this gap with a regulation-driven pipeline that operates directly on regulatory documents, inducing a financial compliance risk taxonomy and synthesizing grounded training data without any predefined violation categories. Instantiating the pipeline on Chinese financial regulations, we release FinGuard-Bench, to our knowledge the first benchmark for financial regulatory compliance detection, with expert-annotated labels at both the query and response levels. We further train FinGuard, a financial compliance detection model built on Qwen3-8B and trained on the regulation-grounded data via supervised fine-tuning and self-play reinforcement learning. On FinGuard-Bench, FinGuard substantially outperforms all baselines, including dedicated guard models and much larger general-purpose LLMs such as Qwen3.5-397B-A17B and GPT-5.1. Furthermore, FinGuard also preserves general safety capabilities and adapts to unseen institution-specific policies using policy documents alone. We will publicly release the code, prompts, and resources used in this work on GitHub.

The emergence of Large Vision-Language Models (LVLMs) has substantially expanded model capabilities beyond text-only understanding, enabling unified inference across both visual and textual modalities and supporting a broader range of real-world applications. To comprehensively evaluate the perception, understanding, reasoning, and cognition capabilities of LVLMs throughout the entire financial business workflow in Chinese contexts, we introduce CFMME, a novel Chinese financial multimodal evaluation benchmark. CFMME comprises 6,052 instances spanning from fundamental academic knowledge to complex real-world applications, covering eight primary financial image modalities and four core multimodal tasks. On CFMME, we conduct a thorough evaluation of representative LVLMs. The results show that the state-of-the-art model attains an overall accuracy of 66.11% on the question answering task and an average score of 77.18 on the detection, recognition, and information extraction tasks, indicating substantial room for improvement in current LVLMs. In addition, we conduct detailed analyses of error causes, cross-modal capabilities, and multi-orientation settings, yielding valuable insights for future research. We hope that CFMME will spur further progress in LVLMs, especially by improving their performance on multiple multimodal tasks in the financial domain.

Recent breakthroughs in large language models (LLMs) have led to the development of new benchmarks for evaluating their performance in the financial domain. However, current financial benchmarks often rely on news articles, earnings reports, or announcements, making it challenging to capture the real-world dynamics of financial meetings. To address this gap, we propose a novel benchmark called MFinMeeting, which is a multilingual, multi-sector, and multi-task dataset designed for financial meeting understanding. First, MFinMeeting supports English, Chinese, and Japanese, enhancing comprehension of financial discussions in diverse linguistic contexts. Second, it encompasses various industry sectors defined by the Global Industry Classification Standard (GICS), ensuring that the benchmark spans a broad range of financial activities. Finally, MFinMeeting includes three tasks: summarization, question-answer (QA) pair extraction, and question answering, facilitating a more realistic and comprehensive evaluation of understanding. Experimental results with seven popular LLMs reveal that even the most advanced long-context models have significant room for improvement, demonstrating the effectiveness of MFinMeeting as a benchmark for assessing LLMs’ financial meeting comprehension skills.

In light of recent breakthroughs in large language models (LLMs) that have revolutionized natural language processing (NLP), there is an urgent need for new benchmarks to keep pace with the fast development of LLMs. In this paper, we propose CFLUE, the Chinese Financial Language Understanding Evaluation benchmark, designed to assess the capability of LLMs across various dimensions. Specifically, CFLUE provides datasets tailored for both knowledge assessment and application assessment. In knowledge assessment, it consists of 38K+ multiple-choice questions with associated solution explanations. These questions serve dual purposes: answer prediction and question reasoning. In application assessment, CFLUE features 16K+ test instances across distinct groups of NLP tasks such as text classification, machine translation, relation extraction, reading comprehension, and text generation. Upon CFLUE, we conduct a thorough evaluation of representative LLMs. The results reveal that only Qwen-72B, GPT-4, and GPT-4-turbo achieve an accuracy exceeding 60% in answer prediction for knowledge assessment, suggesting that there is still substantial room for improvement in current LLMs. In application assessment, while GPT-4 and GPT-4-turbo rank as the top two performers on average, their significant advantage over open-source LLMs is noticeably diminished, given that Qwen-72B achieves the best performance in 2 out of 5 tasks. The datasets and scripts associated with CFLUE are openly accessible at https://github.com/aliyun/cflue.