Commercial analysis: The CMA has issued a consultation on the draft version of ‘Consumer protection: Enforcement Guidance CMA58ii’ (‘Draft Guidance’). The Draft Guidance outlines the consumer protection powers available to the CMA, including updates introduced by the Digital Markets, Competition and Consumers Act 2024 (DMCCA 2024). The CMA aims to provide a clear framework for the implementation of its strengthened consumer investigatory and enforcement powers, including enhanced civil and criminal enforcement powers, expanded investigatory powers, and coordination with other enforcers. This overview takes a look at the key updates to the CMA’s existing 2016 Guidance and sets out the key takeaways for practitioners, including practical guidance on steps that may be taken to comply with the new legislative framework and navigate the new enforcement regime. Written by Julia Hemmings, Helen Brown, Lucy Hart of Baker McKenzie.

STOP PRESS: The Loan Market Association (LMA) has published updated versions of the standard terms and conditions for Par and Distressed Trade Transactions, the full suite of Funded Participation and Risk Participation Agreements and the Secondary Debt Trading Documentation User Guide; taking effect from 17 March 2026. The amendments include the removal of LIBOR references, revisions to IBOR rate definitions and the Target2 definition and updated ERISA representations incorporating additional exemptions from the prohibited transaction rules under ERISA and the US Internal Revenue Code. The updated documentation is available to LMA members only, on the LMA’s Documentation Hub. Secondary debt trades in the London market are typically documented through a suite of recommended forms of documents produced by the Loan Market Association (LMA). The LMA secondary debt trading documentation was produced with the aim of standardising and simplifying the sale of loan assets and establishing a standard settlement process. The use of standardised documentation

This Practice Note sets out an overview of a litigation process for a dispute in England and Wales. It contains a summary of the main stages that most civil litigation disputes are likely to comprise, from pre-action considerations through to starting a claim, trial, enforcement and appeal, together with the relevant cost and funding implications. It also considers case and cost management of claims by the court, witness and expert evidence, obtaining injunctions and methods of ending a claim, including by settlement. This Practice Note is set out in a format that can be adapted as a letter to a client and explain the main stages of most civil litigation disputes. It does not contain links out to other relevant content in Lexis+® UK. For links to content that is relevant to these main stages of litigation, see Practice Note: Overview of the litigation process in England and Wales—related documents, which uses the same headings as in this Practice Note. Each dispute will involve different considerations but the following is a

This Practice Note is to be read in conjunction with Practice Note: Overview of the litigation process in England and Wales, and sets out an overview of a litigation process for a dispute in England and Wales and contains a summary of the main stages that most disputes are likely to comprise, from pre-action considerations through to starting a claim, trial, enforcement and appeal, together with the relevant cost and funding implications. It also considers case and cost management of claims by the court, witness and expert evidence, obtaining injunctions and methods of ending a claim, including by settlement. This Practice Note contains links to content that is relevant to the main stages of the civil proceedings. For guidance on what steps parties should consider when contemplating the issue of proceedings before the courts of England and Wales, see Practice Note: Typical timeline—civil proceedings. Civil procedure rules and the overriding objective • Case management of civil claims under the CPR—Case management and the overriding objective (CPR 1) Pre-action considerations

Arbitration analysis: As of late August 2026, the Dubai International Financial Centre (DIFC) has brought its public consultation process regarding the draft Arbitration and Mediation Law of 2026, which is set to replace the long-standing 2008 Arbitration Law (DIFC Consultation Paper), to a conclusion. This holistic legislative update aims to accelerate the resolution of business disputes, clarify complex legal procedural boundaries, and align Dubai’s financial free zone with international common law benchmarks found in other global centres such as London and Singapore (Legal Reform Briefing). By addressing historic gaps in multi-party litigation and post-award enforcement tactics, the new law continues the region’s push to offer comprehensive dispute frameworks. Produced in partnership with Boris Lazic & Arran Dowling-Hussey, barristers practising from 4-5 Gray’s Inn Square.

Exposure to a given asset or asset class greater than that implied by its weight within a market index or benchmark against which the portfolio is measured.

ARCHIVED: This Practice Note is based on provisions revoked on 1 April 2013. It is archived and therefore for historical purposes only. Codes of conduct and pilot schemes This Practice Note covers costs information which must be provided to the client. Various solicitors' codes of conduct which have been in place since 1999 to deal with this but this Practice Note covers the position from 6 October 2011 to 31 March 2013. For the applicable provisions pre-dating this see Practice Note: Costs information obligations prior to the 2011 Solicitors Code of Conduct [Archive]. The requirements should also be considered in conjunction the requirement to provide costs estimates which must be filed at court and served on the parties (and on the client), under old practice direction 44, para 6. For information on this see Practice Note: Costs estimates [Archived]. You should also be aware that there is a costs management pilot scheme running in the Mercantile and TCC courts in which parties have to provide a costs budget at the first CMC. Clearly, as part

In conduct, this arises if an individual is fettered by their own interest and cannot as a consequence act in the best interests of the client in a particular matter.

There are two types of conflict: own interest and client conflict. This Practice Note explains when you can act if there is or may be an own interest conflict. For the wider regulatory requirements on conflicts of interests, see Practice Note: Conflicts of interest—regulatory requirements 2011 [Archived]. For specific guidance on: • general client conflicts, see General client conflicts—when can you act? 2011 [Archived] • client conflicts in relation to conveyancing, property transaction and mortgages, see Conveyancing client conflicts—when can you act? • client conflicts in relation to criminal matters, see Client conflicts in criminal matters—when can you act? • client conflicts in relation to restructuring and insolvency, see Conflicts in restructuring and insolvency This Practice Note reflects the requirements of the SRA Handbook 2011. It has not been updated for the SRA Standards and Regulations, in force from 25 November 2019. See Practice Notes: Conflicts of interest 2019 and Conflicts of interest—SRA 2011 regime and SRA 2019 regime compared for more information on the revised requirements. What is an own interest conflict? An

A leased line linking two premises connected to the same local exchange.

Law360, London: The owners of a merchant ship seized by the Indonesian navy told a High Court trial on 18 January 2024 that their efforts to recover US$37m from six insurers is a 'classic case' of a claim for constructive total loss.

Property Disputes analysis: In a trespass action brought against ‘urban explorers’ by the owners of the O2, the court made a quia timet injunction to restrain further acts of trespass against named and unnamed defendants, as well as an order against the defendants, requiring them to remove videos of earlier acts of trespass from the internet.