Under the terms of the Withdrawal Agreement, the UK will continue to participate in EU programmes funded through the current 2014-2020 Multiannual Financial Framework.
This includes all European Structural and Investment Funds (ESIFs): the European Regional Development Fund (ERDF), the European Social Fund (ESF), European Territorial Cooperation (ETC) programmes, the European Agricultural Fund for Rural Development (EAFRD) and the European Maritime and Fisheries Fund (EMFF).
There is no change in the existing arrangements for beneficiaries of current EU-funded projects. This applies to all aspects of managing projects including the submission and payment of claims, verification checks and, importantly, retention of relevant records.
Welsh organisations can also continue to bid for new funding under the current EU programmes.