Territory in south central Europe, ruled since 1631 by the Serenissima Repubblica di San Marino

Reference

San Marino - Wikipedia, the free encyclopedia
"San Marino, officially the Republic of San Marino (Italian: Repubblica di San Marino) and also known as the Most Serene Republic of San Marino (Italian: Serenissima Repubblica di San Marino), is a state situated on the Italian Peninsula on the eastern side of the Apennine Mountains. It is an enclave surrounded by Italy. Its size is just over 61 kmĀ² with an estimated population of over 30,000. Its capital is the City of San Marino. San Marino has the smallest population of all the members of the Council of Europe. ..."

Measures of Freedom

San Marino | Freedom House, Freedom in the World 2016
2016: Status: Free, Aggregate Score: 100, Political Rights: 1, Civil Liberties: 1
"There is little abuse of office by public officials in San Marino, but financial misconduct has prompted the government to increase financial transparency. After an investigation into a money laundering scheme at the Commercial Bank of San Marino led to the arrest of former captain regent Claudio Podeschi and former secretary of state for foreign affairs Fiorenzo Stolfi in 2014, Stolfi and Podeschi were released in 2015 but remained under investigation."