The phrase "a supervisory body" is correct and usable in written English.
It can be used to refer to an organization or entity that oversees or regulates a particular activity or group.
Example: "The new regulations will be enforced by a supervisory body that ensures compliance among all participants."
Alternatives: "an oversight committee" or "a regulatory authority".
In February the Electoral Commission, a supervisory body, will launch a campaign to persuade British expats to register to vote.
As China does not have a supervisory body akin to the US Office of Research Integrity, we thought the NSFC — which had funded the study — would help.
But the Guardian Council, a supervisory body of theologians and jurists, disqualified Eshraghi and her husband, then an incumbent, along with more than two thousand other reformist candidates.
The reformist victory in the polls became official after the Guardian Council, a supervisory body dominated by hard-liners, endorsed the results after a delay of more than three months.
On paper, the National Intelligence Service, known by the Spanish acronym SIN, is meant to be a supervisory body, with fewer than 100 employees divided among three divisions: terrorism, counternarcotics and public security.
A supervisory body would effectively take control of all major management decisions, and make sure that profits, excluding vital investment in infrastructure, be set aside for victims, the Nikkei newspaper reported.
Britain devised the FSA in 1997 (even taking away banking regulation from the Bank of England) in a conscious attempt to create a single supervisory body.
As governments and central banks conduct the post mortem on regulatory systems which failed to stave off the current financial crisis, they've been throwing up a number of solutions, including imposing size limits on banks in Britain, a regulation supervisory body for the whole of Europe, and a body that would set the rules on loans, savings and other financial products in the United States.
It is clear that SWIFT is doing a job that should really be done by a European-level body, overseen by a European supervisory body.
As part of his economic policy a new supervisory body has ordered banks to draw up a "hit list" by the end of June of companies that should be liquidated.
On March 10, a conservative ayatollah surprised observers and came out on top in an election for the chairmanship of the Assembly of Experts, a powerful supervisory body of 80 or so theologians that has nominal control over the supreme leader, Ayatollah Ali Khamenei.
