The Central Bank of San Marino’s Supervision Committee has ordered the initiation of an extraordinary administration procedure for The 3Rooks Money S.p.A., an electronic money institute, resulting in the dissolution of its administrative and supervisory bodies. Under Article 78(1)(a) of Law No. 165/2005 (as amended), the measure appoints Francesca Mularoni as Extraordinary Commissioner and names Tania Ercolani, Manuela Graziani and Elisa Tamagnini as members of the Oversight Committee. The procedure took effect immediately.