diff --git a/RELEASE.md b/RELEASE.md
index 7ff45c3bf1..4d701cf83b 100644
--- a/RELEASE.md
+++ b/RELEASE.md
@@ -1,59 +1,12 @@
-# *Event & Product Model Qualification and Cardinality Fixes*
-
-_Background_
-
-Following a recent DSL update (see [DSL release notes](https://github.com/finos/rune-dsl/releases/tag/9.25.0)) which adds additional logical checks related to cardinality, some errors were found in the model.
-These errors stem from an ambiguity of how to handle multiple elements in certain situations.
-
-In general, the solution is to follow one of two approaches:
-- Do we expect only a single item to be present? Then use the `only-element` operator.
-- Should we support multiple elements? Then use the `extract` operation to handle all of them, and reduce them
- to a single result according to the context, e.g., using the `all = True` operation.
+# *Infrastructure - Dependency Update*
_What is being released?_
-This release includes fixes for all cardinality-related errors detected by the DSL, which are listed below.
-It also includes a related fix to the `Qualify_CashAndSecurityTransfer` function, which is described in more detail below the list.
+This release updates the rune dependencies.
-1. The function `SecurityFinanceCashSettlementAmount` contained a multiplication of which one operand - `securityQuantity` -
- was of multi cardinality. In practice, due to filtering, it should always be a single element, so this was fixed with `only-element`.
-2. The function `ResolveSecurityFinanceBillingAmount` had a similar problem as in (1).
-3. The function `Qualify_Repurchase` was performing an `only exists` operation on multiple `primitiveInstruction`s at
- once. Since a former check verified there is only one, this was fixed with `only-element`.
-4. The function `Qualify_Shaping` had a similar problem as in (3).
-5. The function `Qualify_PartialDelivery` was comparing two multi cardinality quantities. In practice, due to filtering,
- both should always be a single element, so this was fixed with `only-element`.
-6. The function `Qualify_OnDemandPayment` had a similar problem as in (3).
-7. The condition `SettlementPayout` of the type `Trade` was performing an `only exists` operation on multiple `payout`s
- at once. This was fixed by calling the existing function `SettlementPayoutOnlyExists` instead, which handles multiple
- payouts.
-8. The function `Qualify_CashTransfer` was performing an `only exists` operation on multiple `primitiveInstruction`s at
- once. To resolve the ambiguity, the check is now performed on all `primitiveInstruction`s separately using `extract`.
-9. The function `Qualify_OpenOfferClearedTrade` was performing an `only exists` operation on two `primitiveInstruction`s at
- once. The check has been replaced with two equivalent `exists` operations, one for each of the two `primitiveInstruction`s.
-10. The function `Qualify_Renegotiation` had a similar problem as in (8).
-11. The function `Qualify_SecuritySettlement` was performing an `only exists` operation on an unsupported input, which
- always resulted in `False`. This was fixed by replacing it with an `exists` check instead.
-12. The function `Qualify_ValuationUpdate` was performing an `only exists` operation on multiple `primitiveInstruction`s at
- once. Given that the specification requires only a single component to be present, this was fixed with `only-element`.
-13. The function `CheckAgencyRating` was performing a `contains` operation on two operands of single cardinality.
- The operation has been replaced with an equality check `=` instead.
-14. The function `CheckAssetType` had a similar problem as in (13).
-15. The function `Qualify_EquityOption_PriceReturnBasicPerformance_SingleName` was performing an `only exists` operation on multiple `payout`s
- at once. Since a former check verified there is only one, this was fixed with `only-element`.
-16. The function `Qualify_EquityOption_PriceReturnBasicPerformance_Index` had a similar problem as in (15).
-17. The function `Qualify_EquityOption_PriceReturnBasicPerformance_Basket` had a similar problem as in (15).
-18. The function `Qualify_ForeignExchange_VanillaOption` had a similar problem as in (15).
-19. The condition `Basket` of the type `SettlementPayout` was performing an `only exists` operation on multiple `basketConstituent`s at
- once. To resolve the ambiguity, the check is now performed on all `basketConstituent`s separately using `extract`.
-
-Due to the bug fix in the function `Qualify_SecuritySettlement`, another bug in the function `Qualify_CashAndSecurityTransfer`
-came to light. According to its specification, a business event should only be qualified as a `CashAndSecurityTransfer`
-only if the cash and security move in the same direction - however, this was never actually checked. The check has been implemented
-and three expectation files have been updated accordingly.
+Version updates include:
+- DSL 9.27.0: addresses a bug where the `switch` operator could sometimes break the model. For further details see DSL release notes: https://github.com/finos/rune-dsl/releases/tag/9.27.0
_Review Directions_
-Please inspect the changes identified above for the functions and conditions in the Textual Viewer of the Rosetta platform.
-
-The changes can also be reviewed in PR: [#3294](https://github.com/finos/common-domain-model/pull/3294).
+The changes can be reviewed in PR: [#3315](https://github.com/finos/common-domain-model/pull/3315).
diff --git a/pom.xml b/pom.xml
index 2375eb8eaa..3e5be2b174 100644
--- a/pom.xml
+++ b/pom.xml
@@ -80,9 +80,9 @@
s01.oss.sonatype.org
10
- 11.30.0
+ 11.33.0
${rosetta.bundle.version}
- 9.25.0
+ 9.27.0
2.27.0
1.7.0