; or (B) any person— (i) the property or interests in property of which are blocked pursuant to the International Emergency Economic Powers Act ( 50 U.S.C. 1701 et seq.); and (ii) who is identified on the specially designated nationals list as an agent, instrumentality, or affiliate of the entity described in subparagraph (A). (5) Money laundering The term money laundering includes the movement of illicit cash or cash equivalent proceeds into, out of, or through a country or a financial institution. (6) Specially designated nationals list The term specially designated nationals list means the list of specially designated nationals and blocked persons maintained by the Office of Foreign Assets Control of the Department of the Treasury. 7. Inclusion of financing activities in reports on terrorism Section 140 of the Foreign Relations Authorization Act, Fiscal Years 1988 and 1989 ( 22 U.S.C. 2656f ) is amended— (1) in subsection (a)(1)— (A) in subparagraph (A)(iii), by striking and at the end; (B) in subparagraph (B), by adding and at the end; and (C) by adding at the end the following: (C) detailed assessments with respect to each foreign country in which activities that finance the operations of, or acts of international terrorism by, groups designated by the Secretary of State, in consultation with the Secretary of the Treasury and the Attorney General, as foreign terrorist organizations under section 219(a) of the Immigration and Nationality Act ( 8 U.S.C. 1189(a) ) are taking place; ; and (2) in subsection (b)— (A) in paragraph (1)(C)(iv), by adding and at the end; (B) by redesignating paragraphs (3) and (4) (as added by section 701(a)(2)(C) of the Intelligence Authorization Act for Fiscal Year 2005 ( Public Law 108–487 )) as paragraphs (7) and (8), respectively; (C) by redesignating paragraphs (3), (4), and (5) as paragraphs (4), (5), and (6), respectively