Prince Andrew also intends to make a "substantial" donation to a charity in support of victims’ rights.
Prince Andrew has settled the much-publicised sexual abuse lawsuit brought against him by Virginia Giuffre.
Ms Giuffre had accused the Duke of York of raping her when she was a teenage victim of sex offender Jeffrey Epstein, allegations he has repeatedly denied.
The New York Times reports that, according to a new court filing in Manhattan on Tuesday (15 February), the lawsuit has been settled, with the amount Prince Andrew must pay Ms Giuffre to be confidential.
A statement attached to the filing also said the Duke of York “intends to make a substantial donation” to Ms Giuffre's charity “in support of victims’ rights".
It added that Prince Andrew had "never intended to malign Ms Giuffre's character" and that he recognised she had "suffered both as an established victim of abuse and as a result of unfair public attacks".
The Duke of York also pledged to demonstrate his regret for his ties with Epstein by supporting the "fight against the evils of sex trafficking and by supporting its victims.”
