The United States could improve how it spots and prevents risks in the financial system from turning into destabilising crises, a global regulatory task force said on Tuesday.
The Financial Stability Board (FSB) said the world's top insurance market could also streamline supervision of the sector by centralising powers currently held at state level.
The FSB coordinates financial rules for the world's top 20 economies (G20) and will update leaders next month on progress in making financial systems safer and less likely to need taxpayer bailouts for banks again in future crises.
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