## [Updates Corporate 25-2012](/en_GB/new/updates-corporate-25-2012) # Updates Corporate 25-2012 11 / 17 / 2012 - - [](https://www.linkedin.com/sharing/share-offsite/?url=https://www.garrigues.com/en_GB/new/updates-corporate-25-2012) - []() - []() [Download Updates Corporate 25-2012 ![Download](/sites/default/files/inline-images/flecha-abajo.png)](/sites/default/files/noticias/files/Updates_Corporate_25_2012_1.pdf) Previous Next ASSET MANAGEMENT COMPANIES AND THE SAREB **Law 9/2012, of November 14, 2012, on the restructuring and resolution of credit institution, and Royal Decree 1559/2012, of November 15, 2012, establishing the legal regime for the asset management companies** 1\. Introduction 2\. Asset Management Companies (AMCs) 2.1 Objectives of AMCs 2.2 Assets qualifying for transfer to an AMC 2.3 Valuation adjustments prior to transfer 2.4 Transfer value of assets 2.5 Asset transfer regime 2.6 Penalty regime 2.7 Supervisory regime 3\. SAREB 3.1 Purpose and duration 3.2 Size 3.3 Capital and shareholders 3.4 Governing bodies 3.5 Transparency 3.6 Monitoring Committee 3.7 Assets to be transferred to the SAREB 4\. Bank asset funds 5\. Tax implications of asset and liability transfers in which the SAREB or the bank asset funds take part 6\. Amendment to Law 2/2012, on the General State Budget for 2012 ### Contacts ![](/sites/default/files/styles/medium/public/team/photo/10011699.jpg?itok=FBe83oFx) [Javier Ybañez](/en_GB/team/javier-ybanez-rubio) ![](/themes/custom/garriguestheme/img/iconos/email-contacto.svg)[Contact]() - +34 91 514 52 00 [Madrid](https://www.garrigues.com/en_GB/office/madrid) ![](/sites/default/files/styles/medium/public/team/photo/10000114.jpg?itok=O_1npB0w) [Mónica Martín de Vidales](/en_GB/team/monica-martin-vidales-godino) ![](/themes/custom/garriguestheme/img/iconos/email-contacto.svg)[Contact]() - +34 91 514 52 00 [Madrid](https://www.garrigues.com/en_GB/office/madrid) ![Foto del socio](/sites/default/files/styles/medium/public/team/photo/Ramon_Tejada_Fernandez_20230518.jpg?itok=Y43sb4iY) [Ramón Tejada](/en_GB/team/ramon-tejada-fernandez) ![](/themes/custom/garriguestheme/img/iconos/email-contacto.svg)[Contact]() - +34 91 514 52 00 [Madrid](https://www.garrigues.com/en_GB/office/madrid) ![Foto del socio](/sites/default/files/styles/medium/public/team/photo/Luis_de_la_Pena_Fernandez-Nespral_en_20260110.jpg?itok=WwnLM7YL) [Luis de la Peña](/en_GB/team/luis-pena-fernandez-nespral) ![](/themes/custom/garriguestheme/img/iconos/email-contacto.svg)[Contact]() - +34 91 514 52 00 [Madrid](https://www.garrigues.com/en_GB/office/madrid) [Find more professionals](../team) ### Related services - [Banking and Finance ](/en_GB/services/banking-and-finance) - ## Find a publication - [Administrative and Constitutional Law](/en_GB/markdownify/node/4536?f%5B0%5D=service%3A1422) - [Agribusiness and Food](/en_GB/markdownify/node/4536?f%5B0%5D=service%3A1417) - [Automotive](/en_GB/markdownify/node/4536?f%5B0%5D=service%3A1419) - [Banking and Finance](/en_GB/markdownify/node/4536?f%5B0%5D=service%3A1443) - [Corporate and M&A](/en_GB/markdownify/node/4536?f%5B0%5D=service%3A1441) - [Corporate Governance and Sustainable Development](/en_GB/markdownify/node/4536?f%5B0%5D=service%3A12823) - [Criminal Law and Internal Investigations](/en_GB/markdownify/node/4536?f%5B0%5D=service%3A1434) - [Data Economy, Privacy and Cybersecurity](/en_GB/markdownify/node/4536?f%5B0%5D=service%3A10913) - [Dispute Resolution: Litigation and Arbitration](/en_GB/markdownify/node/4536?f%5B0%5D=service%3A1412) - [Energy](/en_GB/markdownify/node/4536?f%5B0%5D=service%3A10916) - [EU and Antitrust Law](/en_GB/markdownify/node/4536?f%5B0%5D=service%3A1416) - [Family Business](/en_GB/markdownify/node/4536?f%5B0%5D=service%3A1413) - [Fashion Law](/en_GB/markdownify/node/4536?f%5B0%5D=service%3A1435) - [Financial Regulation](/en_GB/markdownify/node/4536?f%5B0%5D=service%3A10915) - [G-advisory](/en_GB/markdownify/node/4536?f%5B0%5D=service%3A12821) - [Human Capital Services](/en_GB/markdownify/node/4536?f%5B0%5D=service%3A1431) - [Infrastructure](/en_GB/markdownify/node/4536?f%5B0%5D=service%3A10914) - [Insurance](/en_GB/markdownify/node/4536?f%5B0%5D=service%3A1438) - [Intellectual Property](/en_GB/markdownify/node/4536?f%5B0%5D=service%3A1421) - [Labor and Employment](/en_GB/markdownify/node/4536?f%5B0%5D=service%3A1424) - [Life Sciences and Healthcare](/en_GB/markdownify/node/4536?f%5B0%5D=service%3A1429) - [Media and Entertainment](/en_GB/markdownify/node/4536?f%5B0%5D=service%3A1433) - [Planning, Zoning and Environment](/en_GB/markdownify/node/4536?f%5B0%5D=service%3A1444) - [Private Equity](/en_GB/markdownify/node/4536?f%5B0%5D=service%3A1439) - [Real Estate](/en_GB/markdownify/node/4536?f%5B0%5D=service%3A10927) - [Restructuring and Insolvency](/en_GB/markdownify/node/4536?f%5B0%5D=service%3A1420) - [Securities Markets](/en_GB/markdownify/node/4536?f%5B0%5D=service%3A1442) - [Sports](/en_GB/markdownify/node/4536?f%5B0%5D=service%3A1430) - [Startups & Open innovation](/en_GB/markdownify/node/4536?f%5B0%5D=service%3A1426) - [Sustainability](/en_GB/markdownify/node/4536?f%5B0%5D=service%3A10921) - [Tax](/en_GB/markdownify/node/4536?f%5B0%5D=service%3A1425) - [Technology, Communications and Digital](/en_GB/markdownify/node/4536?f%5B0%5D=service%3A1436) - [Tourism and Hotels](/en_GB/markdownify/node/4536?f%5B0%5D=service%3A1432) - [Transport, Logistics and Shipping](/en_GB/markdownify/node/4536?f%5B0%5D=service%3A1428) Facet Services detail - [Publications](/en_GB/markdownify/node/4536?f%5B0%5D=publication_type%3A794) - [Newsletters](/en_GB/markdownify/node/4536?f%5B0%5D=publication_type%3A107) - [Garrigues collection](/en_GB/markdownify/node/4536?f%5B0%5D=publication_type%3A101) - [Laws: amendments at a glance](/en_GB/markdownify/node/4536?f%5B0%5D=publication_type%3A104) - [News](/en_GB/markdownify/node/4536?f%5B0%5D=publication_type%3A105) Facet Publication type detail Min Max ## News search engine