diff --git a/docs/other/updates/release-notes/release-notes.md b/docs/other/updates/release-notes/release-notes.md
index 112ec3b5ef..dc02797dc5 100644
--- a/docs/other/updates/release-notes/release-notes.md
+++ b/docs/other/updates/release-notes/release-notes.md
@@ -2,6 +2,7 @@
 
 | Version | Release Notes                                                       | Migration Guide                                                                                            |
 |---------|---------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------|
+| 0.16.0  | [release notes](https://github.com/dfinity/sdk/releases/tag/0.16.0) |                                                                                                            |
 | 0.15.3  | [release notes](https://github.com/dfinity/sdk/releases/tag/0.15.3) |                                                                                                            |
 | 0.15.2  | [release notes](https://github.com/dfinity/sdk/releases/tag/0.15.2) |                                                                                                            |
 | 0.15.1  | [release notes](https://github.com/dfinity/sdk/releases/tag/0.15.1) |                                                                                                            |
diff --git a/submodules/sdk b/submodules/sdk
index a302661f52..b74a89038e 160000
--- a/submodules/sdk
+++ b/submodules/sdk
@@ -1 +1 @@
-Subproject commit a302661f52ad6ec18d70cb1f2d32250289adf8ee
+Subproject commit b74a89038e0e4917479042b89e6351db49691929