as regards = concerning; in respect of
2. regard [with object] {archaic} = (Of a thing) relate to;
concern
ES [= Example Sentence]: The condition of the University, as regards its finances, is explained by the acc[oun]ts. of the Bursar & Proctor, also communicated.
As per the above, because regard = concern
, this question also applies to 'as concerns'.
I wish to delve into the definition, which I already understand and so ask NOT about. Something feels missing in as regards ? I am guessing that as operates as a conjunction here, and regard a (conjugated verb), but is a subject or object missing?
In the ES above, the direct object seems to be 'its finances'. But what's the subject?