|   | 
			Page | 		
		
			The corporate services provider's role in securitisation transactions			 
			The development of Ireland's role as a base for special purpose vehicles (SPVs), has also seen a sharp increase in the demand for corporate service providers (CSPs) writes Anne Flood. | 
			4 | 		
		
			Reporting for credit derivatives is deterring investors			 
			The move to fair value accounting and the associated potential for earnings volatility has deterred some investors from credit derivatives. Vincent Reilly explains the vagaries of credit derivatives, and the impact mark to market reporting has had on them. | 
			6 | 		
		
			Capital markets techniques come to the world's insurance markets			 
			With the growth of the securitisation sector, the area of insurance securitisation has expanded considerably. Conor Hynes explains the various aspects of the sector and argues the advantages of Ireland as a jurisdiction for this business. | 
			7 | 		
		
			Industry is at beginning of a new phase of development			 
			The increasing importance of third party fund managers, hedge funds and standalone credit funds in the European securitisation market is impacting on the Irish industry writes Dermot Hardy, who believes that the traditional dominance of banks as investors is waning, which is leading to a new phase in the development of the industry in Ireland. | 
			8 | 		
		
			Catastrophe bonds drive structured finance growth in the Caymans			 
			The ability of the Cayman Islands product to be adapted to different uses by both the onshore and Cayman offshore financial community has assisted in year on year growth for its securitisation market. Tim Frawley explains the latest developments in the area and highlights the growth in catastrophe bonds. | 
			9 | 		
		
			'Centre of excellence' attracts new companies			 
			As Ireland's reputation as a 'centre of excellence' for securitisation receives a wider audience, 2006 saw a number of global companies make Dublin their European securitisation base. | 
			10 | 		
		
			Listing securities on the Channel Islands Stock Exchange - an alternative to EU exchanges			 
			The Channel Islands Stock Exchange (CISX) is not, and is unlikely to become, an EU stock exchange. However, for arrangers and issuers who require a listing on a recognised stock exchange but wish to minimise the amount of cost and time spent in listing, Alasdair Hunter writes that the CISX can be an attractive alternative. | 
			13 |