The phrase "a system for overseeing" is correct and usable in written English.
You can use it when describing a framework or method designed to monitor or manage a process, organization, or activity.
Example: "The company implemented a system for overseeing project progress to ensure timely completion and quality standards."
Alternatives: "a framework for monitoring" or "a mechanism for supervising".
That vow, which cooled the crisis fever of late summer, bought time for elected officials to begin creating the superstructure needed to make the euro more credible, including a permanent fund for rescuing stricken member countries and a unified system for overseeing banks.
European leaders would be better off concentrating on measures that are more realistic, he said, like a common system for overseeing banks, guaranteeing deposits and dealing with sick financial institutions.
Since mid-2006, when it began using a patented computerized system for overseeing every aspect of the building process, HouseRaising has completed 12 houses and has 30 more in the works, as well as a $16.3 million project to develop a residential community in Lake Norman, N.C., 20 miles north of Charlotte.
Sir Roger Jones said the system for overseeing the corporation should revert to a board of governors, which was the model in place until 2007.
What has failed is nothing less than the system for overseeing our capital markets.
The Federal Aviation Administration's new system for overseeing airline maintenance is not working properly because the government has too few inspectors, manages them badly and has not trained them properly, a report by the Transportation Department's inspector general has found.
A24 Airline Maintenance Faulted The F.A.A.'s new system for overseeing airline maintenance is not working because the government has too few inspectors, manages them badly and has not trained them properly, the Transportation Department's inspector general said.
The current system for overseeing research involving human subjects in Canada is based on little more than "moral suasion," notes David Robinson, executive director of the Canadian Association of University Teachers (CAUT) in Ottawa.
"The Department for Education has focused on increasing schools' autonomy but it has done so without a proper strategy for overseeing the system.
The result was a system overseen badly for years by public bureaucracies.
A flight engineer is responsible for overseeing systems on a plane during flights to confirm they are working correctly and to make repairs if necessary.
