; (4) countries in regions in which ISIL has a presence should, as appropriate, regulate and shut down informal exchange houses used by foreign fighters to funnel funds in and out of territory held by ISIL; (5) Turkey and other countries in the region should take steps to ensure that fighters, hard currency, energy resources, cultural heritage items, agricultural commodities, and other goods bound to or coming from ISIL are prevented from crossing its border; and (6) the President, acting through the Secretary of the Treasury, and in consultation with the Attorney General and the Secretary of Homeland Security, should update the National Money Laundering Strategy required under section 5341 of title 31, United States Code, which has not been updated since 2007. 3. Definitions In this Act: (1) Act of international terrorism The term act of international terrorism has the meaning given the term in section 14 of the Iran Sanctions Act of 1996 ( 50 U.S.C. 1701 note). (2) Appropriate congressional committees The term appropriate congressional committees means— (A) the Committee on Foreign Relations of the Senate ; (B) the Committee on Banking, Housing, and Urban Affairs of the Senate ; (C) the Committee on Appropriations of the Senate ; (D) the Committee on Foreign Affairs of the House of Representatives ; (E) the Committee on Financial Services of the House of Representatives