diff --git a/.changes/1.16.54.json b/.changes/1.16.54.json
new file mode 100644
index 0000000000..90449851ca
--- /dev/null
+++ b/.changes/1.16.54.json
@@ -0,0 +1,12 @@
+[
+  {
+    "category": "``frauddetector``", 
+    "description": "[``botocore``] Update frauddetector client to latest version", 
+    "type": "api-change"
+  }, 
+  {
+    "category": "``personalize``", 
+    "description": "[``botocore``] Update personalize client to latest version", 
+    "type": "api-change"
+  }
+]
\ No newline at end of file
diff --git a/CHANGELOG.rst b/CHANGELOG.rst
index 25f376dec3..46f01d269b 100644
--- a/CHANGELOG.rst
+++ b/CHANGELOG.rst
@@ -2,6 +2,13 @@
 CHANGELOG
 =========
 
+1.16.54
+=======
+
+* api-change:``frauddetector``: [``botocore``] Update frauddetector client to latest version
+* api-change:``personalize``: [``botocore``] Update personalize client to latest version
+
+
 1.16.53
 =======
 
diff --git a/boto3/__init__.py b/boto3/__init__.py
index 5433081d05..0d4ec10146 100644
--- a/boto3/__init__.py
+++ b/boto3/__init__.py
@@ -18,7 +18,7 @@
 
 
 __author__ = 'Amazon Web Services'
-__version__ = '1.16.53'
+__version__ = '1.16.54'
 
 
 # The default Boto3 session; autoloaded when needed.
diff --git a/setup.cfg b/setup.cfg
index 042cd6dc7d..69aa4cae6a 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -3,6 +3,6 @@ universal = 1
 
 [metadata]
 requires-dist =
-    botocore>=1.19.53,<1.20.0
+    botocore>=1.19.54,<1.20.0
     jmespath>=0.7.1,<1.0.0
     s3transfer>=0.3.0,<0.4.0
diff --git a/setup.py b/setup.py
index a90b23d2ad..ebd0dfcab4 100644
--- a/setup.py
+++ b/setup.py
@@ -14,7 +14,7 @@
 
 
 requires = [
-    'botocore>=1.19.53,<1.20.0',
+    'botocore>=1.19.54,<1.20.0',
     'jmespath>=0.7.1,<1.0.0',
     's3transfer>=0.3.0,<0.4.0'
 ]