HM's Treasury

ABOUT

His Majesty's Treasury (HMT) is the United Kingdom's finance ministry, and it's charged with managing all internal finances. The HMT encompasses a wide range of duties, such as: overseeing the organisation's Habbo credits, setting budget allocations, administering duty quota conversions and incentive payments, handling reimbursements, and recording asset acquisitions. We carry out most of our day-to-day operations through meticulous administrative work, translating vast sheets into concise and insightful reports to enhance financial accountability to the public. We also maintain the United Kingdom’s official asset registry, consisting of all Habbo rooms, groups and furniture under formal UK asset jurisdiction.

In addition to our custodial role, the HMT is also responsible for formulating fiscal policy and advising the Royal Family and the Cabinet Office on ways to grow the Treasury through economic measures and fundraising. The Chancellor of the Exchequer is typically involved in all decision-making pertaining to Duty Quotas, the official UK currency. For example, the Chancellor is the only person other than His Majesty, The King and the Prime Minister who is empowered to make adjustments to the conversion rate (which is the standard used for converting Duty Quota points to Habbo credits). Currently, it's 2 points = 1 credit.

Due to our many responsibilities, His Majesty's Treasury is one of the most domestically active government entities in the United Kingdom. We work every day to maintain the financial well-being of the community and secure its fiscal future!

WHAT WE DO

• Processing and funding finance requests from the Royal Family, the Prime Minister, the Speaker of the House of Commons, the Lord President of the Supreme Court, and the Director General of Military Intelligence
• Monitoring the National Financial Registry (which consists of the Asset Registry and the Exchequer Registry) and ensuring accurate records are kept
• Distributing duty quota conversions and incentive payments to members of the UK
• Setting the direction of precedence for financial policy
• Processing all Paid-For-Perks viewable here

WHO WE ARE

	Chancellor of the Exchequer [5iC] The Chancellor of the Exchequer is the head of His Majesty's Treasury ministry. They are ultimately responsible for the collection of funds and assets, known as the United Kingdom Exchequer, and typically make all final decisions with respect to the acquisition and distribution of such funds. The Chancellor also serves as His Majesty's Second Lord to the Treasury, Principal Economic Advisor to the Cabinet Office and is a member of the UK National Security Council. The position is fifth-in-command on the United Kingdom's chain of command. The incumbent Chancellor of the Exchequer is dz?. He was appointed on 9 April 2024.
	Exchequer Secretary to the Treasury [6iC] The Exchequer Secretary to the Treasury is the principal deputy to the Chancellor. Charged with the custodial portfolio, they formulate policy on ways to conduct more cost-effective transactions and identify opportunities for new investments. They may, with approval from the Prime Minister, take on the leadership of the ministry during the Chancellor’s incapacitation or absence. The position is sixth-in-command on the United Kingdom's chain of command. The incumbent Exchequer Secretary to the Treasury is Blackford. He was appointed on 20 April 2024.

RESOURCES

→ APPLY FOR FUNDING

If you are currently employed at the United Kingdom, you may be eligible to apply for a funding allocation from the Exchequer for your branch or executive entity. You can file an application through our official funding request form.

→ REVIEW OUR RECORDS

The HMT maintains several official records as mandated under relevant laws. We will begin regularly produce reports every two months to break down our financial numbers and set out plans, but you can review the complete records here:

• National Finance Registry: The main record sheet covering general totals from transactions relating to the Exchequer.
   
• Asset Registry: Official registry of all furniture, groups and rooms which fall under formal United Kingdom jurisdiction.
  • This is currently underway, stay tuned for a complete version coming out soon!

→ REVIEW RELEVANT LAWS

• Treasury Act 2024: The principal law establishing His Majesty's Treasury ministry and all statutory protocols relating to the Exchequer.
  • This Act was repealed with the enactment of the UK Constitution, but HMT still holds the Act in high regards and follows it to the letter.

CONTACT US

If you would like to contact His Majesty's Treasury ministry, you are welcome to reach out to dz?  or Blackford on the Habbo client or through website messaging. If you are a member of the official United Kingdom Discord server, you may contact them through Discord direct messaging as well.