Oct 30, 2026 · 10 min · 9 segments
In this episode of the FCPA and Global Anti-Corruption Conference 2026 Speaker Preview Podcast series, Daniel Sibile discusses his panel at the event, “*The Next Generation of Risk in Brazil: Third…
Tom FoxHost
So I was thinking back, I think the first time I met you in person was in 2015, maybe even a little bit earlier.

And my observation at that time was the Brazilian compliance community was a few paces behind the United States compliance community.

And what I just heard you say is there's been a continued evolution of not only your role in compliance to assist the business in making, I think you called informed decisions, but also the changing nature of risk for the Brazilian compliance professionals.
That's a very good question because, you know, I remember pretty well the first time that we met and the compliance was starting in Brazil.
And especially after the car wash investigation, what we saw is that the companies invested a lot in their compliance programs.
The professionals started to look for more education And what we saw after a period of more contestation, if you say that during the car wash, we saw a consolidation of the compliance function.
Now we have our past, that is the recent past, that is the car wash investigation.
So I see now a kind of a dissociation between the Brazil and US, what we were not able to see in the past.
And now, with the other emerging risks, as you mentioned, the cartels, we see the need for the compliance officer to be to invest in its education, and also to work closely to other professionals in order to have a more broad understanding and also to take more informed decisions.

So I was thinking back, I think the first time I met you in person was in 2015, maybe even a little bit earlier.

And my observation at that time was the Brazilian compliance community was a few paces behind the United States compliance community.

And what I just heard you say is there's been a continued evolution of not only your role in compliance to assist the business in making, I think you called informed decisions, but also the changing nature of risk for the Brazilian compliance professionals.
That's a very good question because, you know, I remember pretty well the first time that we met and the compliance was starting in Brazil.
And especially after the car wash investigation, what we saw is that the companies invested a lot in their compliance programs.
The professionals started to look for more education And what we saw after a period of more contestation, if you say that during the car wash, we saw a consolidation of the compliance function.
Now we have our past, that is the recent past, that is the car wash investigation.
So I see now a kind of a dissociation between the Brazil and US, what we were not able to see in the past.
And now, with the other emerging risks, as you mentioned, the cartels, we see the need for the compliance officer to be to invest in its education, and also to work closely to other professionals in order to have a more broad understanding and also to take more informed decisions.
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