FATCA means Foreign Account Tax Compliance Act and applies to US taxable private persons and legal entities located outside of the United States. Germany has signed a bilateral agreement to exchange data with the USA to improve tax compliance.
KYC means know-your-customer and is a mandatory verification of private persons and legal entities. The background is the prevention of money laundering, economic crime and terrorism. To standardize the information, the Wolfsberg Questionnaire was developed by the Wolfsberg Group
(members are 13 global banks).
European Market Infrastructure Regulation Document
The ISDA Master Regulatory Disclosure Letter (MRDL) provides for the exchange of counterparty status information required under the European Market Infrastructure Regulation relevant for the European Union (EMIR) and for the United Kingdom (UK EMIR).