Governance, Compliance and Competition Culture in Brazil: Time for an Effective Change

By: Eduardo Caminati Anders & Guilherme Teno Castilho Missali

Broadly speaking, compliance is a hot topic in the Brazil’s current agenda, which is not different from the reality abroad. Within the legal framework, compliance has been playing a pivotal role in the face of ubiquitous investigations underway carried out by different authorities in Brazil.

Considering a scenario apparently marked by growing awareness as to ethics behaviors and an increasing and systematic fight against wrongdoings, the Brazilian society may be experiencing a unique moment: more reflection related to compliance with the rules is beneficial, in particular for claiming accountability and transparency of both public and private sectors. Ultimately, the outcome herein would leverage the country’s governance, a centerpiece for Brazil’s development and also to redeem confidence that has been overshadowed in light of some scandals.

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