Very good question.
The Parliament has passed a new wage code but it hasn't been notified. It's not the best thing in the world, but it definitely A step. It does make it mandatory for a company to clear an employee's FnF within 2 days of termination.
Internationally, there are employment laws where if the FnF is not cleared within 14 days or so, an additional penalty is applied on the employer. I think that can be a good provision.
The reason why we don't have it is the same reason why we don't have an Al law, the same reason why we're still waiting for proper Mental Health Rules under the Bill, it isn't a priority for the government and no one is working on it