Are American banks required by FATCA to report the same sort of data on EU citizens as EU banks are on American citizens? I.e. are you saying that the US isn't

Are American banks required by FATCA to report the same sort of data on EU citizens as EU banks are on American citizens? I.e. are you saying that the US isn't meeting its obligations? I always just assumed the US had negotiated an unequal deal. edit: Yeah so it seems FATCA never intended any sort of reciprocity: https://en.wikipedia.org/wiki/Foreign_Account_Tax_Compliance_Act#Criticism https://en.wikipedia.org/wiki/Foreign_Account_Tax_Compliance... Also maybe my statement above "...the US had negotiated..." seems off since it doesn't really appear like the US negotiated much at all. Looks more like they just demand it. edit: Reading that Wikipedia article makes this seem like an even bigger clusterfuck than I ever expected and I have dealt with and hated the implications of FATCA for years.