Except that FATCA's sole purpose was to raise money, and the US isn't even compliant itself. FATCA is a whole different ball game to GDPR, and I don't recall th

Except that FATCA's sole purpose was to raise money, and the US isn't even compliant itself. FATCA is a whole different ball game to GDPR, and I don't recall the complaints from Americans when EU instituions were forced to implement it. In addition, the costs for implementation of FATCA were huge. Most people are halfway there with GPDR compliance already, unless they're doing something they really shouldn't have been doing. GDPR is not a money making mechanism but a way of forcing compliance. I think that's the difference that many US people don't seem to understand. Also I was responding to the comment that the US has never done anything like this, which is completely false, US people tend to forget what it's like for the rest of the world.