A proposed framework aims to combat financial fraud by temporarily blocking accounts. This plan is intended for banks to follow when suspicious activity is detected. The rules would apply to various types of banks, including commercial and cooperative ones.

Further details on the proposal are available, including the expected implementation date. A standard procedure for handling such cases was ordered by a court, leading to the development of these rules.

The framework's implementation is slated to begin on a specific date, although banks may choose to adopt it sooner. More information can be found in the draft amendment directions.