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Discover LudwigThe phrase "their oversight" is correct and can be used in written English.
It means the mistake or failure to do something by a group of people. Example: The company suffered a major financial loss due to their oversight in overlooking the market trends.
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Their oversight failures were very real.
For now, there is no investigation of their oversight, but questions are being raised.
Lawmakers hope to interview top regulators about their oversight of the firm.
In another significant shift, the board is proposing that auditors broaden their oversight over company reports.
Their oversight of India's sports scene has failed to deliver much glory to the country.
But Democrats who control the Legislature have assailed state regulators over their oversight of the system.
There is nothing stopping the City Council from going in and using their oversight power".
Federal regulators have also stepped up their oversight efforts since Toyota's sudden-acceleration recalls.
But their oversight did little to protect Willow investors from disaster.
There are concerns that some foreign exchanges attract companies because their oversight may be less stringent.
State officials resent any suggestion that they are lax in their oversight.
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CEO of Professional Science Editing for Scientists @ prosciediting.com