LSME (ESRS for Listed Small and Medium sized enterprises)

The technical advice on draft ESRS for LSME was approved by the EFRAG SRB in its meeting of 26 February 2025 but was not submitted to the EC given the EC Omnibus Proposals in which mandatory standards for listed SMEs were no longer included due to the change in the scope of enterprises covered. The documents provided below are for information purposes under the understanding that it does not represent an official position of EFRAG. The documents considered as the key documents, providing the history of the LSME project, include as well the Exposure Draft published in January 2024 for comment by 21 May 2024 and the related basis for conclusions (and the addendum thereto).