; or (B) significantly reduced Iran’s— (i) destabilizing activities in the region; or (ii) material support for terrorist groups; or (2) such waiver is important to the national security interests of the United States, with an explanation of the reasons therefor. (e) Termination This section shall cease to be effective on the date that is 30 days after the date on which the President certifies to the appropriate congressional committees that— (1) (A) the Secretary does not find, under section 5318A of title 31, United States Code, that reasonable grounds exist for concluding that Iran is a jurisdiction of primary money laundering concern; and (B) Iran has ceased providing support for acts of international terrorism; or (2) terminating the provisions of this section is vital to the national security interests of the United States, with an explanation of the reasons therefor. (f) Definitions In this section: (1) Appropriate congressional committees The term appropriate congressional committees means— (A) the Committee on Financial Services and the Committee on Foreign Affairs of the House of Representatives; and (B) the Committee on Banking, Housing, and Urban Affairs and the Committee on Foreign Relations of the Senate. (2) Financial institution The term financial institution means a United States financial institution or a foreign financial institution. (3) Foreign financial institution The term foreign financial institution has the meaning given that term in section 561.308 of title 31, Code of Federal Regulations. (4) Knowingly The term knowingly with respect to conduct, a circumstance, or a result, means that a person has actual knowledge, or should have known, of the conduct, the circumstance, or the result. (5) Secretary The term Secretary means the Secretary of the Treasury. (6) United States financial institution The term United States financial institution has the meaning given the term U.S. financial institution in section 561.309 of title 31, Code of Federal Regulations.