| Description | Contains papers relating to the Priam scheme: contingency planning for a sudden event which provokes widespread expectation of an imminent re-alignment of exchange rate parities, and consequent pressure on sterling (an event such as the devaluation of the French franc); the Hecuba scheme: contingency planning for a floating exchange rate; and the Brandon scheme: plans to extend exchange control to transactions between UK residents and sterling area countries. Includes papers of The Bank Sterling Area Working Party; minutes of HM Treasury The Hecuba/Priam Group and HM Treasury Sterling Area Committee; and papers regarding disclosure of customers' business to HM Treasury, tax havens, and the closure of the foreign exchange market. |