Interview with Victório de Marchi, advisor and one of the founders of ETCO

1. What is the importance of promoting competitive ethics for the country's development?

Victório de Marchi – The business environment in Brazil and in the world needs to be continually improved and guided by ethical conduct, not only in the relationship with employees, partners and customers, but also with the competition itself. The promotion of competition ethics results in the confrontation of misconduct such as smuggling, forgery, evasion and tax evasion, for example. The equality of conditions in competitive practices helps to avoid losses not only to companies, but to the various levels of governments and Brazilian society as a whole.

2. How do you see ETCO's contribution to improving the business environment in these almost 20 years of operation?

I am proud to be one of the founders and former chairman of the ETCO Board of Directors. I remember the first movements around the idea, in 2002, when some sectors got together to assess how it would be possible to improve the business environment in our country, as there were many competition deviations.

In these 20 years, ETCO has consolidated itself as a reference source in the defense of a fair market, in which all its agents can have equal conditions in competitive practices.

I can cite as an example, the fundamental participation of ETCO, in the approval of article 146 A of the Brazilian Constitution, which authorizes the creation, through a complementary law, of special taxation criteria with the objective of preventing competition imbalances. Another example was the creation of the Underground Economy Index, which measures the size of informality in the country and is a safe source for the development of public policies aimed at reducing informality. More recently, ETCO financed a study on Brazilian Tax Litigation, which identified, among other points, the need for Tax Transactions and the expansion of Mediation and Arbitration instruments, as ways to reduce this problem.

3. And what would be the challenges for the coming years?

The achievements accumulated by ETCO are very important and must be celebrated, but there are still many other causes for which the Institute must continue to fight. Among them, the reduction of the Brazilian tax burden and the establishment of special taxation criteria to prevent imbalances in competition and the reduction of the period of legal discussions in the country - which take, on average, 17 years, generating huge liabilities for the private sector .

ETCO has new chairman on its Advisory Board

Dear ETCO partners,


ETCO's success is due to the effective integration between the ceaseless work of the team that is in charge of daily tasks, the commitment of the members of the Board of Directors and the commitment of the Advisory Board, whose contribution, through ideas, comments and suggestions, has been extremely valuable.
In recent conversations, the President of the Advisory Council, Minister Marcílio Marques Moreira, informed us that he would like to disengage himself from being a member of the Advisory Council and, consequently, from his Presidency, a position he has held since 2006, to be able, as Senior Consultant of the Management and Advisory Boards, as well as the Executive Presidency, contribute, in a more integrated and flexible way, to the Institute's multiple initiatives.
Minister Marcílio acted and will continue acting, now as a consultant, decisively for the successful trajectory of ETCO, in a manner consistent with his experience and outstanding performance, both in the public sector and in the private sector.
I am pleased to announce that, as per the Board of Directors' resolution, we invited Dr. Everardo Maciel to assume the Presidency of the Advisory Board, as of September 1, an invitation to which Dr. Everardo kindly acquiesced.
Dr. Everardo has been a member of the Institute's Advisory Board since its constitution in 2004, and, like Marcílio, has played a key role in ETCO's trajectory.
We want to take this opportunity to emphasize that the experience of each of the Advisory Counselors has added relevant value to the Institute, over the years, in its permanent struggle for a more attractive and more ethical business environment in the country.


Victor Carlos De Marchi
Chairman of the Board of Directors