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Caribbean Disaster Mitigation and Community Empowerment Initiative Harrington Trust Limited

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Harrington Trust Limited has provided a comprehensive range of trust, estate and company administration services to a variety of local and international clients, both corporate and individual, for more than 40 years.

Argyle House
41a Cedar Avenue
Hamilton HM 12
Bermuda

Tel: +441 298 7878
Fax: +441 296 9825
E-mail: mail@htl.bm

Harrington Trust Limited ("Harrington") has provided a comprehensive range of trust, estate and company administration services to a variety of local and international clients, both corporate and individual, for more than 40 years.

Incorporated as a trust company in Bermuda in 1956, Harrington has established professional relationships with many of the world’s leading banks, investment advisors and custodians.

Harrington is owned by the partners of one of Bermuda’s largest law firms, Appleby Spurling Hunter. With origins that date back to 1897, and practising in its current form since 1938, Appleby Spurling Hunter is one of Bermuda’s leading firms, and is able to provide Harrington’s local and international clients with advice in matters of trust, estate and corporate planning.

Through its sister companies, Appleby Corporate Services (Bermuda) Limited and Reid Management Limited, Harrington is also able to offer corporate administrative and resident representative services to client companies as well as full management, accounting and consulting services.

Key Service Areas

Harrington serves a wide variety of corporate clients, as well as high net worth individuals and families.

A licensed trust company under the Trust Companies Act 1991, Harrington provides a full range of services related to trusts and estates. In particular, Harrington acts as:

Trustee of family, purpose and charitable trusts;

Trustee of pension and employee benefit schemes;

Executor in relation to the disposition of estates;

Protector in relation to family and charitable trusts to protect the purposes of the trust and the interests of its beneficiary or beneficiaries;

Enforcer in relation to purpose trusts in accordance with the statutory provisions of the Trusts (Special Provisions) Act 1989;

Nominee to hold property for the beneficial owner; and

Escrow agent.

Administration of companies owned by client trusts.

Family office facilities.


On the corporate side, much of our work is related to the setting up of special purpose vehicles ("SPVs") which fill a vital function in relation to our clients’ corporate structures. These SPVs may be set up for a variety of reasons, ranging from the commercial leasing of aircraft, ships or helicopters, to reasons related to financial re-structuring or debt-raising.

Harrington is able to offer high net worth individuals and families a full suite of services related to family office planning. Harrington does not provide banking or investment management services, although the Firm works closely with offshore investment professionals to establish investment goals and monitor their performance.

Regulation

All trust companies in Bermuda are licensed in accordance with the Trust Companies Act 1991. The legislation provides that any company that conducts trust business must have sufficient personnel with the knowledge, skill and experience necessary for the conduct of the company’s business, as well as procedures in place to ensure that those personnel are of sufficient standard. We are confident that our personnel and procedures more than satisfy that standard.

All trust companies in Bermuda are also regulated and monitored by the Bermuda Monetary Authority.

We are also a "regulated institution" as defined by the Proceeds of Crime Act 1997 and the Proceeds of Crime (Money Laundering) Regulations 1998. This legislation has affirmed Bermuda’s "know your client" culture, and enhances Bermuda’s reputation as a financial jurisdiction of the highest integrity.

Confidentiality

Harrington fully understands and respects the need for strict confidentiality. Our clients can be assured that their affairs will be treated discreetly and professionally.

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