A new study shows that Dublin remains the most popular choice for financial services firms to relocate after Brexit.

A total of 27 firms have committed to relocating staff or operations to Dublin since the Brexit vote, according to EY's latest Brexit Tracker.

The latest figures for Dublin are up from 21 last quarter, meaning that between September and the end of November, Dublin attracted six more financial services companies to relocate here.

The tracker also reveals that Paris has gained popularity, with 15 companies confirming they are moving or adding some staff and/or operations to the French capital, up from 10 last quarter.

Two more companies also confirmed plans to relocate to Frankfurt and Luxembourg, with the numbers rising from 15 to 17 and 14 to 16 in the last quarter respectively.

30% of firms monitored by the EY Brexit Tracker have now confirmed at least one location in Europe to where they are moving, considering moving, or adding staff and/or operations. This is up from 25% last quarter.

Simon MacAllister, Partner and Brexit Lead for EY Ireland, said that the latest figures are encouraging for Ireland as there were concerns that rising costs would impact the country's relative attractiveness.

"It appears that availability of talent and a proven track record remain the primary concerns for financial firms when exploring relocation.

"With only 30% of London-based firms so far committing to any relocation of activity, there could be more opportunities for Ireland to pursue in the months ahead," Mr MacAllister added.