Prince Harry and Meghan will no longer use their HRH titles and will not receive public funds for royal duties.
It has been announced that the couple will also no longer formally represent The Queen.
The Duke and Duchess of Sussex said they intend to repay £2.4m of taxpayer money for the refurbishment of Frogmore Cottage, which will remain their UK family home.
The new arrangement comes into effect in spring this year, the palace said.
The statement comes after senior royals held talks on Monday about the future role for the couple, who this month announced they wanted to "step back" as senior royals.
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