; (2) either— (A) a certification that— (i) the transaction does not pose a significant money laundering or terrorism financing risk to the United States financial system; (ii) the transaction will not benefit an Iranian person that, since the date that is one year preceding the date of the certification— (I) has knowingly transported items used for the proliferation of weapons of mass destruction, including systems designed in whole or in part for the delivery of such weapons; or (II) has knowingly provided transportation services or material support for, or on behalf of, any person designated under Executive Orders 13224, 13382, or 13572; and (iii) any financial institution described under subsection (b)(1) has had since the date such authorization was made, or, if the authorization is no longer in effect, had for the duration of such authorization, appropriate policies, procedures, and processes in place to avoid engaging in sanctionable activities that may result from the financial institutions’ exposure to Iran; or (B) a statement that the Secretary is unable to make the certification described under subparagraph (A) and a notice that the Secretary will, not later than 60 days after the date the determination is submitted to the appropriate congressional committees, issue a report on non-certification described under subsection (c) to the appropriate congressional committees. (c) Report on non-Certification With respect to a financial institution and a transaction described under subsection (a), a report on non-certification is described under this subsection if it contains— (1) a detailed explanation for why the Secretary is unable to make the certification described under subsection (b)(2); (2) a notification of whether the Secretary will— (A) not amend the authorization of the transaction with respect to a financial institution, notwithstanding such non-certification; (B) suspend the authorization until the Secretary is able to make such certification; (C) revoke the authorization