Recital 6

(6)Information submitted on a voluntary basis should aim to be uniform in format and comparable in substance, value, utility and reliability to that submitted on a mandatory basis. To ensure the increased comparability and usability of the information made accessible on ESAP on a voluntary basis, the European Supervisory Authority (European Banking Authority) (EBA) established by Regulation (EU) No 1093/2010 of the European Parliament and of the Council ³ , the European Supervisory Authority (European Insurance and Occupational Pensions Authority) (EIOPA) established by Regulation (EU) No 1094/2010 of the European Parliament and of the Council ⁴ , and the European Supervisory Authority (European Securities and Markets Authority) (ESMA) established by Regulation (EU) No 1095/2010 of the European Parliament and of the Council ⁵ (known collectively as ‘European Supervisory Authorities’ or ‘ESAs’) should, through the Joint Committee, develop draft implementing technical standards specifying the metadata to accompany that information and, where applicable, the formats or templates to be used for drawing up such information. The Joint Committee should also take into account any existing standards in the corresponding sectoral Union legislative acts and in particular any standards specifically designed for SMEs.