diff --git a/CHANGELOG.md b/CHANGELOG.md
index 8f3fcef3..470ce458 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,22 @@
 
 All notable changes to this project will be documented in this file. See [standard-version](https://github.com/conventional-changelog/standard-version) for commit guidelines.
 
+## [16.0.0](https://github.com/mojaloop/quoting-service/compare/v15.7.3...v16.0.0) (2024-12-17)
+
+
+### ⚠ BREAKING CHANGES
+
+* fx and interscheme implementation (#353)
+
+### Features
+
+* fx and interscheme implementation ([#353](https://github.com/mojaloop/quoting-service/issues/353)) ([bc4e126](https://github.com/mojaloop/quoting-service/commit/bc4e126041180178ea69369b52b7f441526dbbd2))
+
+
+### Chore
+
+* **moja-tools-bot:** update license md ([#363](https://github.com/mojaloop/quoting-service/issues/363)) ([bad3fd9](https://github.com/mojaloop/quoting-service/commit/bad3fd959a31a8ef60f124ae6795e825a507aafe))
+
 ### [15.7.3](https://github.com/mojaloop/quoting-service/compare/v15.7.2...v15.7.3) (2024-06-17)
 
 
diff --git a/package-lock.json b/package-lock.json
index 91b0da66..8cb5c8e2 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "quoting-service",
-  "version": "15.8.0-snapshot.43",
+  "version": "16.0.0",
   "lockfileVersion": 3,
   "requires": true,
   "packages": {
     "": {
       "name": "quoting-service",
-      "version": "15.8.0-snapshot.43",
+      "version": "16.0.0",
       "license": "Apache-2.0",
       "dependencies": {
         "@hapi/good": "9.0.1",
diff --git a/package.json b/package.json
index d9fac97e..5038813f 100644
--- a/package.json
+++ b/package.json
@@ -2,7 +2,7 @@
   "name": "quoting-service",
   "description": "Quoting Service hosted by a scheme",
   "license": "Apache-2.0",
-  "version": "15.8.0-snapshot.43",
+  "version": "16.0.0",
   "author": "ModusBox",
   "contributors": [
     "Georgi Georgiev <georgi.georgiev@modusbox.com>",