He might not of even been approached by the FSA but we can deduce from the fact hes asking for details for money laundering that he has.
What a crock of shit. We can't deduce
anything from the fact that he's asking for KYC information other than the fact that his lawyer may have advised him that it's a good idea.
That he's not asking for it in a legal manner suggests that there
isn't any government authority asking him to collect it. He hasn't mentioned the specific legislation under which the information is being requested, how the information will be used, how the information will be protected, or how long the information will be kept. If he's acquiring the information for a lawfully required purpose - eg KYC/AML/CTF regulation compliance - then he must disclose those things.
What seems to have happened is that he's made enquiries about what would be required of a
legitimate exchange and is now trying to apply those procedures
post hoc to an enterprise he fully knew was not legitimate because he believes that doing so will somehow protect him if GLBSE's activities ever come under any kind of regulatory scrutiny. Ironically, the manner in which this has been handled makes it likely that users themselves will end up contacting the FSA, thus bringing GLBSE under the very scrutiny Nefario was hoping to avoid.
