Financial Regulator Pat Neary has announced his resignation, just on the RTE News at 9.
"The Minister for Finance, Mr. Brian Lenihan, TD, notes the statement today of the Irish Financial Services Regulatory Authority concerning its report on matters surrounding directors' loans in Anglo Irish Bank and the regulatory response.
The Minister notes the retirement of the Authority's Chief Executive and that, pending the appointment of a new Chief Executive, the Chairman of the Authority will take on an expanded executive role and that an Acting Chief Executive will be appointed.
The Minister will consider the Authority's report and will then bring proposals to Government in relation to the appointment of a new Chief Executive."



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