WHAT HAPPENED
The Reserve Bank of Australia has designated Prosegur Australia Pty Ltd under the Cash Distribution Framework Act 2026, according to an RBA media release dated 6 November 2026. The central bank said the designation brings Prosegur Australia within the Cash Distribution Framework as a regulated entity subject to obligations designed to support a sustainable, resilient and efficient cash distribution system in Australia. The RBA said the move followed consultation with the Australian Competition and Consumer Commission and with Prosegur Australia. ([rba.gov.au](https://www.rba.gov.au/media-releases/2026/mr-26-31.html?utm_source=openai))
The RBA had already designated Linfox Armaguard Pty Ltd under the same law on 3 September 2026. In its published material, the bank says the Cash Distribution Framework Act 2026 gives it new powers to designate and supervise significant providers of cash distribution services. ([rba.gov.au](https://www.rba.gov.au/media-releases/2026/mr-26-25.html?utm_source=openai))
WHY IT MATTERS
The designation matters because it extends the new regulatory framework to another major player in Australia’s wholesale cash distribution system. The RBA has said the framework is intended to support continuity in cash services, which remain important for consumers and businesses that rely on physical currency. ([rba.gov.au](https://www.rba.gov.au/media-releases/2026/mr-26-31.html?utm_source=openai))
WHO SHOULD CARE
Banks, retailers, cash-handling businesses and other users of wholesale cash distribution should watch the RBA’s next steps, as the framework’s obligations and requirements will shape how the sector operates. The ACCC is also relevant because the RBA says consultation with the competition regulator is required before designations are made. ([rba.gov.au](https://www.rba.gov.au/media-releases/2026/mr-26-31.html?utm_source=openai))
WHAT AIM IS WATCHING
AIM will be watching for any further designations, any operational detail released by the RBA or ACCC, and whether the new framework changes pricing, access arrangements or service standards for cash distribution providers. The key unresolved issue is how quickly the framework translates into practical changes across the cash supply chain. ([rba.gov.au](https://www.rba.gov.au/publications/annual-reports/psb/2026/payments-system-regulation-and-policy-issues.html?utm_source=openai))
RBA designates Prosegur Australia under new cash distribution framework
The Reserve Bank of Australia has moved to bring Prosegur Australia into its new cash distribution regime, following the earlier designation of Linfox Armaguard.
