diff --git a/CHANGELOG.md b/CHANGELOG.md
index 9b314d2e..44f62dcf 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+### [1.2.12](https://github.com/googleapis/java-iam/compare/v1.2.11...v1.2.12) (2022-03-29)
+
+
+### Dependencies
+
+* update dependency com.google.cloud:google-cloud-shared-dependencies to v2.9.0 ([#318](https://github.com/googleapis/java-iam/issues/318)) ([9c856cb](https://github.com/googleapis/java-iam/commit/9c856cb07e8bea3fb50d627afb6dc054cc8859b2))
+
 ### [1.2.11](https://github.com/googleapis/java-iam/compare/v1.2.10...v1.2.11) (2022-03-25)
 
 
diff --git a/grpc-google-iam-v1/pom.xml b/grpc-google-iam-v1/pom.xml
index 76dca1c1..e30df3ec 100644
--- a/grpc-google-iam-v1/pom.xml
+++ b/grpc-google-iam-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>grpc-google-iam-v1</artifactId>
-  <version>1.2.11</version><!-- {x-version-update:proto-google-iam-v1:current} -->
+  <version>1.2.12</version><!-- {x-version-update:proto-google-iam-v1:current} -->
   <name>grpc-google-iam-v1</name>
   <description>GRPC library for grpc-google-iam-v1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-iam-parent</artifactId>
-    <version>1.2.11</version><!-- {x-version-update:proto-google-iam-v1:current} -->
+    <version>1.2.12</version><!-- {x-version-update:proto-google-iam-v1:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/pom.xml b/pom.xml
index 62cf1d1c..8e9f712d 100644
--- a/pom.xml
+++ b/pom.xml
@@ -4,7 +4,7 @@
   <groupId>com.google.cloud</groupId>
   <artifactId>google-iam-parent</artifactId>
   <packaging>pom</packaging>
-  <version>1.2.11</version><!-- {x-version-update:proto-google-iam-v1:current} -->
+  <version>1.2.12</version><!-- {x-version-update:proto-google-iam-v1:current} -->
   <name>Google IAM Parent</name>
   <url>https://github.com/googleapis/java-iam</url>
   <description>
@@ -14,7 +14,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-shared-config</artifactId>
-    <version>1.3.0</version>
+    <version>1.3.2</version>
   </parent>
 
   <developers>
@@ -70,14 +70,14 @@
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-shared-dependencies</artifactId>
-        <version>2.8.0</version>
+        <version>2.9.0</version>
         <type>pom</type>
         <scope>import</scope>
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-iam-v1</artifactId>
-        <version>1.2.11</version><!-- {x-version-update:proto-google-iam-v1:current} -->
+        <version>1.2.12</version><!-- {x-version-update:proto-google-iam-v1:current} -->
       </dependency>
 
       <dependency>
diff --git a/proto-google-iam-v1/pom.xml b/proto-google-iam-v1/pom.xml
index 8b10b1d7..34e99dfe 100644
--- a/proto-google-iam-v1/pom.xml
+++ b/proto-google-iam-v1/pom.xml
@@ -3,13 +3,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>proto-google-iam-v1</artifactId>
-  <version>1.2.11</version><!-- {x-version-update:proto-google-iam-v1:current} -->
+  <version>1.2.12</version><!-- {x-version-update:proto-google-iam-v1:current} -->
   <name>proto-google-iam-v1</name>
   <description>PROTO library for proto-google-iam-v1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-iam-parent</artifactId>
-    <version>1.2.11</version><!-- {x-version-update:proto-google-iam-v1:current} -->
+    <version>1.2.12</version><!-- {x-version-update:proto-google-iam-v1:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/versions.txt b/versions.txt
index 09a838bb..351b1f51 100644
--- a/versions.txt
+++ b/versions.txt
@@ -1,5 +1,5 @@
 # Format:
 # module:released-version:current-version
 
-proto-google-iam-v1:1.2.11:1.2.11
-grpc-google-iam-v1:1.2.11:1.2.11
+proto-google-iam-v1:1.2.12:1.2.12
+grpc-google-iam-v1:1.2.12:1.2.12