All APIR identifiers and other services are based on international standards and are designed for international use. They have also been designed to meet industry and regulatory needs while being understood by, and accessible to, the public.
The initial development phase has focused on Australia and New Zealand, however discussions have already commenced for the adoption of the APIR methods in other financial services industries in the region.
The Participant APIR Code, Product APIR Code and SPIN consist of nine alpha/numeric characters; the last two characters are the ISO 3166-2 country code for the country in which (i) the Participant is legally domiciled or (ii) the Product is registered.