Sen. Risa Hontiveros, during a Senate hearing on Tuesday, inquired with the Anti-Money Laundering Council (AMLC) if their office was aware of the alleged presence of unregistered e-wallets operating in the Philippines.
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TVTranscript
00:00Is AMLOC aware of any unregistered e-wallets that operate here in the Philippines?
00:12Your Honor, only those which are registered and supervised by the BSP are reporting institutions to the AMLC, Your Honor.
00:22So the AMLC would not be in a position to determine if there are other platforms or means being utilized which are unregistered, Your Honor.