These requirements are critical for several reasons: 1. Safety and Health: Ensuring that nanomaterials do not pose risks to human health or the environment. 2. Regulatory Compliance: Meeting the standards set by regulatory bodies such as the EPA and FDA. 3. Research and Development: Facilitating innovation by providing a structured way to share data and findings. 4. Transparency: Maintaining public trust by openly sharing information about nanomaterial use and safety.