| UPDATED: 16:04, Mon, Jan 18, 2021
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A senior MEP dismissed Brussels’ “wait and see” policy and insisted the approach would hinder Europe’s financial services industry. German Markus Ferber, of the European People's Party, said the plan should also curb the reliance on the dollar on international markets. The veteran MEP said: “We need a clear step-by-step masterplan that helps key financial sector businesses move from the United Kingdom to the European Union.