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The phrase "regulatory backdrop" is correct and usable in written English.
You can use it to refer to the set of rules and regulations that affect a situation. For example, "The recent changes to tax law have changed the regulatory backdrop of the industry."
Exact(11)
Also boding well is a favorable regulatory backdrop, including a key court ruling.
The financial regulatory backdrop was also favourable as clients sought advice on changes.
The lawsuit was filed in 2004 against a different regulatory backdrop.
But Fred, like every other chief executive of a British bank, is likely to be deterred by the regulatory backdrop.
Nomura analysts said in a research note that a downward revision to gross domestic product, negative revenue and loan growth and an unpredictable regulatory backdrop have discouraged investors.
"We are happy with progress in the first quarter, though the economic and regulatory backdrop remains tough," Stephen Hester, the bank's chief executive, said in a statement.
Similar(48)
This article reviews the regulatory policy backdrop and highlights important efforts to ultimately achieve regulatory acceptance.
This time, however, the regulatory and political backdrop is less difficult for the 85-year-old media tycoon, whose offer values all of Sky at £18.5bn.
The internal clashes over F.D.A. policy played out against a broader backdrop of regulatory politics.
"Taking a step back from the regulatory environment, the macroeconomic backdrop is still supportive of a gradual recovery in lending.
To read: In the New York Times, Gardiner Harris reports on the tension between the White House and the F.D.A.: The internal clashes over F.D.A. policy played out against a broader backdrop of regulatory politics.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com