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Hiddleston Street (Twain Project Brand)
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|Autonomous Financial District of the Intermicroeconomical Board of Trustees|
|Motto||"The Business Яevolution"|
|Predecessor||The Quetican Islands|
|Formation||11 May 2016|
|Type||Autonomous financial institution|
|Key people||Henry Clément|
|Main organ||Quetico Street Journal|
The Autonomous Financial District of the Intermicroeconomical Board of Trustees, also known as Hiddleston Street, is an autonomous financial institution which acts as a micronation for micronational businesses. It is focused on providing businesses with a free field to make Micronational Dollar (M$) through their businesses. The institution is very diverse, containing businesses in entertainment, design, investment, and consulting.
Hiddleston Street has received significant media attention, including from the Coprieta Standard, Daily Micronational, and Hiddleston Street Journal. It has received praise from several influential micronationalists since its conception. Since its separation from the legal bindings of The Quetican Islands, Hiddleston Street has seen many changes which have seen outstanding support from the MicroWiki community. The QMSE, Hiddleston Street's primary stock exchange, has been recognized as the largest stock exchange in micronationalism.
- 1 2016 Candidate Micronations
- 2 Legal status
- 3 Subsidaries
- 4 Structure
- 5 News & Media
- 6 Notable businesses
- 7 Criticism
- 8 External links
2016 Candidate Micronations
In June 2016, Superintendent Twain began searching for a new micronational base of operations. The following are the bidding micronations for the 2016 Bid.
|Logo||Micronation||Representing||Bid Start Date||Website||Application Status|
|Skovaji (not Bank of Wesley)||Kerry Stapleton||9 June 2016||Tourist website
Export finance board
Links to other main websites
Bid-specific website under construction
|State of Nedland||Ned Greiner||6 June 2016||N/A||Under review|
|Whestcorea||Horatio Eden||7 June 2016||Website||Under review|
|Mcarthia||Kit McCarthy||28 May 2016||Website||Withdrew|
In the beginning days of Quetico Street, it was nothing more than the central station for businesses and corporations to be based in the Quetican Islands. The Superintendent, known then as the Overseer, was a private office holding no legal bearing on the law. Rather, he had risen to authority to be the final line of judgement for transactions through the non-political nature of the position. The government of the Quetican Islands already being in place, his job was purely private and held no legal bindings along with the title.
The First Secretary and the Parliament would be the justified law-making authority, drafting and signing the I & II Monetary Policy in which Quetico Street businesses were required to abide by. The Overseer's Office was informally delegated the authority to make decisions on Quetico Street granted they were in line with the government mandate. Since incumbent Overseer Twain was First Secretary as well as Overseer at the time, this blurred-line system was okay, however shady. This system was the original way in which Quetico Street was founded to run, however with the first Parliament elections incoming and the chance to lose the position of First Secretary imminent, it was clear that the 'blurred-line effect' would soon lead to the downfall of Quetico Street. As a result, Quetico Street was made an independent institution.
With the legal split of the Quetican Islands and Quetico Street, there was the larger-than-life decision on how to establish a legal status for Quetico Street. The principle was simple but contradictory: a legality that would not establish Quetico Street as its own micronation, but would enable it with all of the requirements that a micronation requires so that Quetico Street could engage in organizations such as the Grand Unified Micronational. It was settled rather easily that the 'political' structure of the Street needed to be amended, so the Overseer was transferred into the Superintendent and had an advisory board known as the Board of Trustees.
The decision was made to classify Quetico Street as an autonomous financial institution. The Street did not intend to claim to be independent, or even claim to be a micronation in its own right, however would act in the capacity of a micronation for the legal upholding of the sector's businesses. Additionally, the Board of Trustees would only be making mandates regarding Monetary Policy, as the institution would not be a law-making body in its own. Third, the Street is less of an organization and more of a collection of organizations, making the term 'institution' more appropriate. An essential part of making Quetico Street viable as an acting micronation would be a land claim. The solution was to lay claim to the precise land claim also set for the Democratic Republic of the Quetican Islands. While this was debatable, it did not receive significant scrutiny.