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Terms of Service &
Legal Disclaimer

These Terms govern access to and use of all intelligence products and services provided by Couto & Silva Intelligence, headquartered in Rio de Janeiro, Brazil. Please read carefully before purchasing or accessing any content.

Last updated: September 9, 2026  ·  Effective date: September 9, 2026  ·  Couto & Silva Intelligence  ·  CNPJ 65.389.772/0001-02  ·  RTD 1215516  ·  BN No. 000984.0395928/2025
These Terms are governed by Brazilian law. In case of dispute before Brazilian courts, the Portuguese version shall prevail.
Acceptance of Terms — By purchasing, subscribing to, or accessing any content from Couto & Silva Intelligence — including but not limited to ARGUS Brazil Intelligence Briefs™ — you agree to be bound by these Terms of Service in their entirety. If you do not agree with any provision herein, do not proceed with the purchase or access.
Key Definitions
BIB — ARGUS Brazil Intelligence Brief™
MIEG-SIA — Proprietary analytical framework
Subscriber — Any individual or entity that purchases or accesses content
Named Recipient — The individual designated by the Subscriber to receive and use the licensed content under Section 01
Payment Processor — Stripe, Inc. (current designated processor)
01

Intellectual Property and Licensing

All content provided by Couto & Silva Intelligence, including but not limited to the ARGUS Brazil Intelligence Briefs™ (BIB) and the MIEG-SIA Methodology, is the sole intellectual property of Couto & Silva Intelligence, protected under Brazilian Law No. 9,610/1998 (Copyright Act) and applicable international copyright treaties.

Upon purchase or subscription, the Subscriber is granted a non-exclusive, non-transferable, single-user license for internal use only. Redistributing, sharing access credentials, duplicating, or publishing any content — in whole or in part — without explicit written consent is strictly prohibited and subject to civil and criminal liability under applicable law.

Where the Subscriber is an institution, the licence is exercised by a single Named Recipient designated by the Subscriber, who may use the content solely on the Subscriber's behalf and for the Subscriber's internal purposes. The licence remains single-user. Designating a different Named Recipient requires written notice to Couto & Silva Intelligence.

02

Methodological Confidentiality and Scope of Disclosure

Intelligence products delivered to Subscribers present exclusively directional trends of analytical vectors, qualitative diagnostics, and strategic scenario readings. Numerical scores, internal quantitative indicators, Key Diagnostic Indicator (ICD) designations, multiplier values, classification ranges, calculation formulas, and all other technical components of the MIEG-SIA Methodology constitute proprietary and confidential information and are not disclosed — in whole or in part — in any product delivered to Subscribers.

The Subscriber acknowledges that non-disclosure of the internal quantitative mechanisms is a structural condition of the service and an essential element of Couto & Silva Intelligence's intellectual property protection. Such non-disclosure does not constitute omission, limitation of quality, or breach of contract.

03

Prohibition of AI Training and Data Scraping

Subscribers are expressly prohibited from using any content, data, methodology, or framework from Couto & Silva Intelligence to train, feed, fine-tune, or otherwise influence Large Language Models (LLMs), Artificial Intelligence systems, or internal corporate data scrapers — whether commercial or proprietary.

The unauthorized ingestion of proprietary intelligence into machine-learning environments constitutes a violation of these Terms and of applicable intellectual property law, and may give rise to claims for material and moral damages.

04

Suspension and Termination for Breach

Couto & Silva Intelligence may suspend delivery of all Intelligence Briefs immediately, and without prior notice, upon reasonable evidence of a breach of Sections 01 to 03. Where the breach is confirmed, Couto & Silva Intelligence may terminate the subscription with immediate effect and without refund of any amount already paid, and the licence granted under Section 01 is revoked.

The Subscriber's confidentiality and intellectual property obligations survive termination indefinitely. The remedies set out in this Section are cumulative with, and do not limit, any judicial or extrajudicial measure available under applicable law, including claims for material and moral damages.

05  ·  Legal Disclaimer — No Financial Advice

Couto & Silva Intelligence provides strategic geopolitical diagnostics, sovereignty risk assessments, and political-institutional analysis. Nothing contained herein or in any delivered product constitutes financial, investment, or legal advice. Couto & Silva Intelligence is not responsible for any investment decisions, financial losses, or market positions taken based on the information provided. The Subscriber assumes full and sole responsibility for all decisions made based on the contracted intelligence.

06

Limitation of Liability

To the maximum extent permitted by applicable law, the total and aggregate liability of Couto & Silva Intelligence for any claims arising from or related to the use of the contracted services shall be limited to the total amount effectively paid by the Subscriber in the twelve (12) months immediately preceding the event giving rise to the claim.

In no event shall Couto & Silva Intelligence be liable for indirect, incidental, consequential, punitive, or special damages, including but not limited to lost profits, loss of business opportunities, or business interruption.

07

Force Majeure

Couto & Silva Intelligence shall not be liable for delays or interruptions in service delivery resulting from events beyond its reasonable control, including but not limited to: natural disasters, pandemics, acts of war or terrorism, government sanctions, widespread telecommunications or power infrastructure failures, cyberattacks, and legislative or regulatory changes that prevent fulfillment of obligations.

Couto & Silva Intelligence will use commercially reasonable efforts to resume service delivery as soon as the force majeure circumstances cease.

Additional Terms — Institutional Subscription Only
08

Subscription Cycle and Automatic Renewal

By subscribing to the Couto & Silva Intelligence monthly service, the Subscriber agrees to an automatic, recurring monthly billing cycle. The subscription fee will be charged automatically on the same calendar day each month via the authorized payment method registered with the Payment Processor (Stripe, Inc.), until explicitly canceled by the Subscriber.

09

Cancellation and No-Refund Policy

Subscribers may cancel their recurring subscription at any time through the customer portal provided by the Payment Processor (Stripe, Inc.). To avoid the next automated billing cycle, cancellation requests must be submitted at least 48 hours prior to the next scheduled renewal date.

No refunds — partial or full — will be issued for remaining days in an active billing cycle, nor for single-brief purchases, as all products are delivered digitally upon payment confirmation. Upon cancellation, access to future Intelligence Briefs will be terminated at the end of the current paid period.

10

Payment Failure and Access Suspension

If a recurring payment fails or is declined by the Payment Processor (Stripe, Inc.), Couto & Silva Intelligence reserves the right to immediately suspend the delivery of current and future Intelligence Briefs. Access will be restored only once the outstanding invoice is successfully settled.

Couto & Silva Intelligence does not store payment card data. All payment processing is handled exclusively by the Payment Processor (Stripe, Inc.) in accordance with its privacy policy and PCI-DSS compliance standards.

11

Data Protection

Couto & Silva Intelligence collects only the data strictly necessary to deliver its services: the Subscriber's email address; where the Subscriber is an institution, the Named Recipient's name and email address; professional contact and role information received through the referral programme, where applicable; and payment data processed exclusively by the Payment Processor (Stripe, Inc.). No personal data is sold or shared with third parties.

Data is treated in compliance with Brazilian Law No. 13,709/2018 (LGPD — General Data Protection Law).

Couto & Silva Intelligence is established in Brazil. Personal data is collected directly from the Subscriber and, where a prospective Subscriber has been introduced through the referral programme, from the referral partner, limited to professional contact and role information. Where personal data is received from a referral partner, Couto & Silva Intelligence informs the data subject in accordance with Article 14 of the GDPR at the first communication with that person. Where Regulation (EU) 2016/679 (GDPR) applies to this processing, the legal basis is Article 6(1)(b) where the contract is entered into by the data subject, and Article 6(1)(f) where the Subscriber is an institution and the Named Recipient is one of its personnel, or where professional contact information is received through the referral programme, the legitimate interest being the delivery of the contracted intelligence service, the administration of the licence and the assessment of professional relevance prior to any commercial approach.

Where a Subscriber established in the European Economic Area transfers personal data to Couto & Silva Intelligence and requires a transfer mechanism under Chapter V of the GDPR, Couto & Silva Intelligence will enter into the Standard Contractual Clauses adopted by the European Commission, or another lawful mechanism agreed between the parties, before such data is transmitted.

12

Amendments to These Terms

Couto & Silva Intelligence reserves the right to amend, modify, or update these Terms of Service at any time, with prior notice to the Subscriber via email no less than fifteen (15) calendar days before the amendments take effect.

Continued use of the services after the effective date of the amendments constitutes tacit acceptance of the new Terms. If the Subscriber does not agree with the modifications, they must cancel their subscription before the new Terms take effect.

13

Governing Law and Dispute Resolution

These Terms are governed by and construed in accordance with the laws of the Federative Republic of Brazil, including Law No. 9,610/1998 (Copyright Act), Law No. 13,709/2018 (LGPD), and the Marco Civil da Internet (Law No. 12,965/2014).

Domestic Subscribers (Brazil)

The courts of the Judicial District of Rio de Janeiro, State of Rio de Janeiro, are hereby elected as the exclusive venue for any disputes arising from these Terms, with express waiver of any other jurisdiction, however privileged.

International Subscribers

Any dispute arising from or related to these Terms that cannot be resolved amicably shall be submitted to binding arbitration under the Rules of the International Chamber of Commerce (ICC), conducted in English, with the seat of arbitration in São Paulo, Brazil.

14

Communications and Official Notices

All formal notices and communications from Couto & Silva Intelligence to the Subscriber — including but not limited to amendments to these Terms, service updates, payment failures, and access suspensions — will be delivered exclusively via email to the address registered by the Subscriber at the time of purchase or subscription through the Payment Processor (Stripe, Inc.).

The Subscriber is solely responsible for keeping their registered email address current and for ensuring that communications from Couto & Silva Intelligence are not blocked by spam filters or corporate email policies. Failure to receive a notice due to an outdated or inaccessible email address does not invalidate the notice or relieve the Subscriber of any obligation arising from it.

The official contact address for formal communications directed to Couto & Silva Intelligence is: desk@coutosilva.com. Notices sent to any other address or channel are not guaranteed to be received or acted upon.

15

Third-Party Referrals

Couto & Silva Intelligence operates a non-exclusive referral programme. A Subscriber may have been introduced by an independent referral partner who receives compensation from Couto & Silva Intelligence for that introduction. Referral partners are not agents, employees or representatives of Couto & Silva Intelligence, have no authority to bind it, and receive no personal data or confidential information concerning Couto & Silva Intelligence's clients. No part of any referral compensation is charged to the Subscriber, and pricing is not affected by the existence of a referral.

16

General Provisions

If any provision of these Terms is found to be invalid or unenforceable by a competent authority, the remaining provisions shall remain in full force and effect.

The failure to exercise or enforce any right provided under these Terms shall not constitute a waiver or novation of that right, which may be exercised at any time.

These Terms constitute the entire agreement between the parties with respect to the subject matter hereof, superseding any prior understandings or agreements, whether oral or written.