<?xml version="1.0" encoding="utf-8"?><!DOCTYPE Zthes SYSTEM "http://zthes.z3950.org/schema/zthes-1.0.dtd">  <Zthes><term><termId>158</termId><termName>Reguatory sandbox</termName><termType>PT</termType><termLanguage>en-EN</termLanguage><termVocabulary>D4RUNOFF</termVocabulary>	<termStatus>active</termStatus>	<termApproval>approved</termApproval>	<termSortkey>Reguatory sandbox</termSortkey><termNote label="Source"><![CDATA[ <p>Regulatory sandboxes and experimentation clauses as tools for better regulation: Council adopts conclusions (no date). Available at: https://www.consilium.europa.eu/en/press/press-releases/2020/11/16/regulatory-sandboxes-and-experimentation-clauses-as-tools-for-better-regulation-council-adopts-conclusions/ (Accessed: 15 July 2023). </p> ]]></termNote><termNote label="Definition"><![CDATA[ <p>Regulatory sandboxes are defined as concrete frameworks which, by providing a structured context for experimentation, enable where appropriate in a real-world environment the testing of innovative technologies, products, services or approaches – at the moment especially in the context of digitalisation – for a limited time and in a limited part of a sector or area under regulatory supervision ensuring that appropriate safeguards are in place.</p> ]]></termNote><termNote label="Definition"><![CDATA[ <p>Regulatory sandboxes are defined as concrete frameworks which, by providing a structured context for experimentation, enable where appropriate in a real-world environment the testing of innovative technologies, products, services or approaches – at the moment especially in the context of digitalisation – for a limited time and in a limited part of a sector or area under regulatory supervision ensuring that appropriate safeguards are in place.</p> ]]></termNote><termCreatedDate>Reguatory sandbox</termCreatedDate><relation><relationType>BT</relationType><termId>159</termId><termName>Regulatory experimentation</termName><termType>PT</termType></relation><relation><relationType>RT</relationType><termId>173</termId><termName>Pilot regulation</termName><termType>PT</termType></relation></term>  </Zthes>