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Global AI regulation: Philippines invests in AMLC technology while Africa calls for stronger laws
The Anti-Money Laundering Council (AMLC) in the Philippines has allocated ₱125 million of its 2026 budget toward artificial intelligence, capacity building, and specialized hiring. AMLC Chairman Eli Remolona Jr. stated the funds aim to enhance the detection and tracking of suspicious financial activities. The council's total 2026 budget was restored to ₱333 million following Senate scrutiny regarding anti-money laundering defenses.
In South Africa, researchers are advocating for a constitutional approach to AI regulation. A study by Nokuthula Olorunju suggests that a binding framework is necessary to protect human rights and prevent the exploitation of legal gaps caused by legislative fragmentation and jurisdictional overlap.
At the GITEX AI Nigeria 2026 event, stakeholders called for the establishment of stronger laws to govern the development and deployment of artificial intelligence. Participants emphasized the need for data sovereignty and the development of local systems to manage AI, noting that many current systems remain beyond the reach of Nigerian regulatory authorities.
Entities
Anti-Money Laundering Council · Eli Remolona Jr. · GITEX AI Nigeria · University of Cape Town
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] The Anti-Money Laundering Council (AMLC) allocated ₱125 million of its 2026 funding to artificial intelligence, capacity building, and hiring specialists. marketmonitor.com.ph
- [○ 1 SOURCE] Nigerian stakeholders emphasized the need for local systems to manage AI and strengthen data sovereignty. newscentraltv.com
- [○ 1 SOURCE] South Africa requires a binding, constitutional framework for AI regulation to protect human rights and prevent legislative fragmentation. it-online.co.za
- [○ 1 SOURCE] Stakeholders at GITEX AI Nigeria 2026 called for stronger laws to regulate AI development, deployment, and governance. newscentraltv.com
- [○ 1 SOURCE] The AMLC received a total of ₱333 million for its 2026 budget following Senate intervention. marketmonitor.com.ph