According to the Daily Planet, India, which currently holds the rotating presidency of the G20, recently announced in a presidential statement that a "comprehensive document" jointly developed by the IMF and the Financial Stability Board (FSB) is expected to be released at the end of August. According to a person familiar with the matter, India will promote the formulation of a global encryption bill framework during the leaders' summit in early September, which may form a comprehensive document. Ajay Seth, a senior official of the Indian Ministry of Finance, said in a speech at the G20 media briefing that the universal provisions of the G20 do not exclude any member country from banning encryption within its territory.