The phrase "current regime" refers to the existing government or ruling system in place at a particular time. It signifies the authorities who are currently in power and controlling the country or organization. Full definition
REEF ZONATION: A trip from west (lagoon side) to east (ocean side) across the Belizean reef complex will reveal a distinct zonation of substrates and organisms that reflect the subtle environmental changes due to water depth and prevailing wave and current regimes which affect temperature, salinity, light, sedimentation and mechanical stress. (ambergrisCaye.com)
The P&G community remains dubious about the current regime. (fortune.com)
The Department of Finance consultation paper argues that the current regime of extra taxes on passive investment is not sufficient to counteract the existing tax advantage for saving inside a corporation. (canadianbusiness.com)