One of the HKMA's policy objectives is to promote the development of a safe and efficient financial market infrastructure. This serves two inter-related purposes: helping to maintain financial and monetary stability and supporting Hong Kong’s status as an international financial centre. Robust and effective clearing and settlement systems are important in nurturing the competitiveness of Hong Kong’s financial sector. The HKMA pays particular attention to these systems for the safe and efficient transfer of funds and securities within Hong Kong and between Hong Kong and other financial centres, especially the Mainland. The comprehensive review of the financial infrastructure in 2005 paved the way for further developing Hong Kong into a regional payment and settlement hub.