The Financial Action Task Force (FATF) has updated The FATF Recommendations International Standards on Combating Money Laundering and the Financing of Terrorism & Proliferation. The FATF is "an independent inter-governmental body that develops and promotes policies to protect the global financial system against money laundering, terrorist financing and the financing of proliferation of weapons of mass destruction. The FATF Recommendations are recognised as the global anti-money laundering and counter-terrorist financing standard." There were concerns about the non-profit recommendations and especially that Non-profit organisations are "particularly" vulnerable to abuse for the financing of terrorism. The phrase "particularly" has been removed. The FATF changes that will probably be positively greeted by non-profit sector around the world.