There's a handful of possible approaches.
If you *wanted* to do it globally, and didn't mind doing so only at the kernel syscall layer (meaning any purely user-space code wouldn't get caught, but since anything that can go between processes in any practical way involves the kernel anyhow...) you could create a driver that filters the relevant system calls. Filtering the entire system call interrupt at one place is possible if you can mess with the relevant interrupt service routine, but I believe that's protected by PatchGuard. There may be some all-in-one place anyhow, but it would be tricky. Anyhow, this is how tools such as Process Monitor (which only handles a relative handful of system calls) work.
If you want to modify the behavior of a bunch of programs, you could create modified versions of the system libraries, and put them where the programs would load them (usually the application directory would work, but sometimes you would need to replace the system copy). This approach is a lot of work, though not completely impractical; you simply need to shim all the exported functions (or at least, the ones you care about) with a version that filters the call before passing it through to the "real" version, but you would need to cover all the exported functions without breaking their ABI. Doable, but a lot of work.
If you only want to get one function, the easiest way would be to re-write all calls to that function in the process memory such that they go to your filter instead. This is how the Detours library (
http://research.microsoft.com/en-us/projects/detours/) works; you can find code samples of using it online. I believe that is also how Microsoft's application compatibility shims work. There are registry keys which will cause a given program to be loaded in a debugger (which can be mostly non-interactive, and just make this change for you) or I *think* there's a way to specify an arbitrary DLL that a given program must load (and run its DllMain function) when it starts up too, which would also do the trick.
Bear in mind that the second and third methods can be bypassed by an attacker who knows what you're doing; the attacker just (re-)overwrites the function tables to point at the real versions of the APIs, or alternatively makes the relevant system calls directly (Win32 programs basically never do this, instead letting the Win32 subsystem translate their Win32 function calls in NT system calls and invoking the wrapped syscall, but there's nothing *stopping* them). The first approach can't be bypassed by an attacker with less than Admin privileges (assuming you did it right; I can think of a couple of potential gotchas you'd need to avoid) but you would need Admin yourself in order to install that driver in the first place, and if you want to *interactively* filter the API calls you would need the entire interaction path including the UI to protected against tampering by less-privileged processes.
With all that said, a real Mandatory Access Control that gives finer-grained control than Windows' Mandatory Integrity Control would be a really cool thing (something more like SELinux or AppArmor). It would probably be more effort on NT than on Linux though, due to NT not (so far as I know) having any equivalent of
http://en.wikipedia.org/wiki/Linux_Security_Modules (a good place to start reading about the topic).