The catchphrase,” No money, no honey” is being taken in a different light when it comes to online child exploitation. Indeed, where funds don’t flow, the online atrocious acts against children will also stop. Read why Atty. Cef Sison, GCash Chief Compliance Officer, is pushing for the updating of the AMLA to diminish or even prevent the exploitation of children in this digital age.
Anti-OSAEC, Anti-CSAEM, and AMLA: Philippines Laws to Protect Women and Children
RA 11930, or the ‘Anti-OSAEC (Online Sexual Abuse and Exploitation of Children) and Anti-CSAEM (Child Sexual Abuse or Exploitation Materials) Act’, was authored by women empowerment advocate Senator Risa Hontiveros.
Atty. Cef Sison, GCash Chief Compliance Officer, believes that this legislation can be further boosted by updating the Anti-Money Laundering Law (AML), which will help combat cyber threats against the youth. This was Atty. Sison’s central during a panel discussion comprised of the country’s top industry leaders.
“RA 11930 is a powerful legislation that can fight OSAEC. We are bound by duty under this law to report to the Department of Justice (DOJ) within 24 hours any discovery of OSAEC activities on our platform and to the Anti-Money Laundering Council (AMLC) within five days. We are also bound by duty to provide financial documents and information upon order of the court when it has been established that there is reasonable ground that the transactions are in violation of RA11930,” said Sison during an anti-OSAEC forum that gathered public and private stakeholders, including Senator Risa Hontiveros.
On the more technical side, Sison said that GCash is currently exploring generative artificial intelligence (AI) to chase after perpetrators. Sison established that the traditional AML parameters are no longer sufficient to keep up with the speed and volume of online transactions.
Furthermore, she said perpetrators are becoming more creative and could already be using generative AI for their malicious activities. “We need to process individuals with generative AI to keep up with the fast pace of new users and transactions,” explained Sison.
Data Privacy and OSAEC
Sison also mentioned that perpetrators are abusing their rights to data privacy, but the principles of law negate this right if the safety of innocent people is threatened.
“GCash is one with the nation in ensuring the safety and security of everyone in our quest for financial inclusion,” concluded Sison.
Earlier this November, GCash joined Quezon City Mayor Joy Belmonte and Senator Risa Hontiveros at the Anti-Online Sexual Abuse and Exploitation of Children Conference (Anti-OSAEC Conference) held at the Novotel in Quezon City in celebration of National Children’s Month.
Indeed, the exploitation of women and children will be greatly diminished if the flow of money is stopped.
The conference was organized by the Municipal Government of Quezon City, the Center for the Prevention and Treatment of Child Sexual Abuse (CPTCSA), the Philippine Children’s Ministries Network (PCMN), and the Mission Alliance (MA) with the support of the Royal Norwegian Embassy in Manila and Plan International Philippines. Other industry players in the panel included Globe Telecom and PLDT. For more information, visit https://www.gcash.com.