NEW DELHI: Stock market regulator Sebi is working with RBI and the insurance coverage regulator to allow participation of banks and insurance coverage corporations in commodities derivatives markets, its chairman Tuhin Kanta Pandey mentioned on Saturday.Working teams have additionally been set as much as recommend measures to deepen the Agri Commodity Derivatives ecosystem, he mentioned. Among different issues, these knowledgeable teams are reviewing whether or not the regulatory framework pertaining to margins, place limits, and supply and settlement mechanisms may be optimised with out affecting market integrity.“Their recommendations will assist us in taking necessary developmental measures after due consultation with all stakeholders,” the Sebi chairman mentioned whereas addressing a convention within the nationwide capital.He mentioned the working group for reviewing the non-agri commodity derivatives section will probably be notified shortly.“As we look to the future, commodity markets and their participants will be high on our regulatory and developmental agenda,” Pandey mentioned.Sebi will proceed partaking with govt to resolve GST-related points for individuals who want to obtain or ship commodities by way of the Exchange platform.Elaborating on consciousness and outreach, Pandey mentioned a Sebi investor survey has highlighted the necessity for focused consciousness and schooling programmes. Sebi’s consciousness programmes have been being focused at Farmer Producer Organisations (FPOs), exporters and importers, college students and school members of agricultural faculties, hedgers and MSMEs.Outreach programmes are being carried out with FPO representatives to establish the challenges confronted by them in accessing the market, Pandey added.Domestic markets supply regulated gold merchandise, together with by way of commodity derivatives, Gold ETFs and Electronic Gold Receipts (EGRs). The Sebi chairman mentioned that these regulated merchandise guarantee investor safety. EGRs have been meant to create a regulated marketplace for gold buying and selling and set up India as a worldwide value setter for gold.“While the EGR framework may need a review, I urge the industry to educate its participants and investors to deal only in regulated gold products,” mentioned Pandey.