Assessments are conducted by an Assessment Panel set up by PICO which is chaired by and comprises experienced academics. The Panel determines the assessment criteria and details of the two funding schemes. Applications will be assessed by the Panel Readers as well as reviewers who are not members of the Assessment Panel (non-Panel reviewers). The non-Panel reviewers include both local and non-local experienced academics and experts. To ensure policy relevance of the research proposals, suggestions and views of relevant Government bureaux/departments will also be sought for reference by the Panel. A declaration of interest system is in place to ensure the assessments are fair and impartial.