diff --git a/CHANGES.rst b/CHANGES.rst
index 70fc5af4c12c74214b0c83cce8ac6eb2f7372398..ade529899beabc55c2b62fc14ee186033729b1d6 100644
--- a/CHANGES.rst
+++ b/CHANGES.rst
@@ -1,3 +1,50 @@
+Synapse 0.32.0rc1 (2018-07-05)
+==============================
+
+Features
+--------
+
+- Add blacklist & whitelist of servers allowed to send events to a room via ``m.room.server_acl`` event.
+- Cache factor override system for specific caches (`#3334 <https://github.com/matrix-org/synapse/issues/3334>`_)
+- Add metrics to track appservice transactions (`#3344 <https://github.com/matrix-org/synapse/issues/3344>`_)
+- Try to log more helpful info when a sig verification fails (`#3372 <https://github.com/matrix-org/synapse/issues/3372>`_)
+- Synapse now uses the best performing JSON encoder/decoder according to your runtime (simplejson on CPython, stdlib json on PyPy). (`#3462 <https://github.com/matrix-org/synapse/issues/3462>`_)
+- Add optional ip_range_whitelist param to AS registration files to lock AS IP access (`#3465 <https://github.com/matrix-org/synapse/issues/3465>`_)
+- Reject invalid server names in federation requests (`#3480 <https://github.com/matrix-org/synapse/issues/3480>`_)
+- Reject invalid server names in homeserver.yaml (`#3483 <https://github.com/matrix-org/synapse/issues/3483>`_)
+
+
+Bugfixes
+--------
+
+- Strip access_token from outgoing requests (`#3327 <https://github.com/matrix-org/synapse/issues/3327>`_)
+- Redact AS tokens in logs (`#3349 <https://github.com/matrix-org/synapse/issues/3349>`_)
+- Fix federation backfill from SQLite servers (`#3355 <https://github.com/matrix-org/synapse/issues/3355>`_)
+- Fix event-purge-by-ts admin API (`#3363 <https://github.com/matrix-org/synapse/issues/3363>`_)
+- Fix event filtering in get_missing_events handler (`#3371 <https://github.com/matrix-org/synapse/issues/3371>`_)
+- Synapse is now stricter regarding accepting events which it cannot retrieve the prev_events for. (`#3456 <https://github.com/matrix-org/synapse/issues/3456>`_)
+- Fix bug where synapse would explode when receiving unicode in HTTP User-Agent header (`#3470 <https://github.com/matrix-org/synapse/issues/3470>`_)
+- Invalidate cache on correct thread to avoid race (`#3473 <https://github.com/matrix-org/synapse/issues/3473>`_)
+
+
+Improved Documentation
+----------------------
+
+- ``doc/postgres.rst``: fix display of the last command block. Thanks to @ArchangeGabriel! (`#3340 <https://github.com/matrix-org/synapse/issues/3340>`_)
+
+
+Deprecations and Removals
+-------------------------
+
+- Remove was_forgotten_at (`#3324 <https://github.com/matrix-org/synapse/issues/3324>`_)
+
+
+Misc
+----
+
+- `#3332 <https://github.com/matrix-org/synapse/issues/3332>`_, `#3341 <https://github.com/matrix-org/synapse/issues/3341>`_, `#3347 <https://github.com/matrix-org/synapse/issues/3347>`_, `#3348 <https://github.com/matrix-org/synapse/issues/3348>`_, `#3356 <https://github.com/matrix-org/synapse/issues/3356>`_, `#3385 <https://github.com/matrix-org/synapse/issues/3385>`_, `#3446 <https://github.com/matrix-org/synapse/issues/3446>`_, `#3447 <https://github.com/matrix-org/synapse/issues/3447>`_, `#3467 <https://github.com/matrix-org/synapse/issues/3467>`_, `#3474 <https://github.com/matrix-org/synapse/issues/3474>`_
+
+
 Changes in synapse v0.31.2 (2018-06-14)
 =======================================
 
diff --git a/changelog.d/3324.removal b/changelog.d/3324.removal
deleted file mode 100644
index 11dc6a3d745d00b741eaff5826870dd7f4299f09..0000000000000000000000000000000000000000
--- a/changelog.d/3324.removal
+++ /dev/null
@@ -1 +0,0 @@
-Remove was_forgotten_at
diff --git a/changelog.d/3327.bugfix b/changelog.d/3327.bugfix
deleted file mode 100644
index 97e8c0a99020a592d2455ed6f97d536c0ed7f6ea..0000000000000000000000000000000000000000
--- a/changelog.d/3327.bugfix
+++ /dev/null
@@ -1 +0,0 @@
-Strip access_token from outgoing requests 
diff --git a/changelog.d/3332.misc b/changelog.d/3332.misc
deleted file mode 100644
index e69de29bb2d1d6434b8b29ae775ad8c2e48c5391..0000000000000000000000000000000000000000
diff --git a/changelog.d/3334.feature b/changelog.d/3334.feature
deleted file mode 100644
index 71c98f72622573beac30cd000716d7f136737ce8..0000000000000000000000000000000000000000
--- a/changelog.d/3334.feature
+++ /dev/null
@@ -1 +0,0 @@
-Cache factor override system for specific caches
\ No newline at end of file
diff --git a/changelog.d/3340.doc b/changelog.d/3340.doc
deleted file mode 100644
index 8395564ec704cab640677f1904413f0b3d9d309c..0000000000000000000000000000000000000000
--- a/changelog.d/3340.doc
+++ /dev/null
@@ -1 +0,0 @@
-``doc/postgres.rst``: fix display of the last command block. Thanks to @ArchangeGabriel!
diff --git a/changelog.d/3341.misc b/changelog.d/3341.misc
deleted file mode 100644
index e69de29bb2d1d6434b8b29ae775ad8c2e48c5391..0000000000000000000000000000000000000000
diff --git a/changelog.d/3344.feature b/changelog.d/3344.feature
deleted file mode 100644
index ab2e4fcef4040f6aa07c898f2e6e1268033bb964..0000000000000000000000000000000000000000
--- a/changelog.d/3344.feature
+++ /dev/null
@@ -1 +0,0 @@
-Add metrics to track appservice transactions
diff --git a/changelog.d/3347.misc b/changelog.d/3347.misc
deleted file mode 100644
index e69de29bb2d1d6434b8b29ae775ad8c2e48c5391..0000000000000000000000000000000000000000
diff --git a/changelog.d/3348.misc b/changelog.d/3348.misc
deleted file mode 100644
index e69de29bb2d1d6434b8b29ae775ad8c2e48c5391..0000000000000000000000000000000000000000
diff --git a/changelog.d/3349.bugfix b/changelog.d/3349.bugfix
deleted file mode 100644
index aa45bab3ba6ecfc2b67a56ccebdd83cae33e807d..0000000000000000000000000000000000000000
--- a/changelog.d/3349.bugfix
+++ /dev/null
@@ -1 +0,0 @@
-Redact AS tokens in logs
diff --git a/changelog.d/3355.bugfix b/changelog.d/3355.bugfix
deleted file mode 100644
index 80105a0e9539446ba51d28be87aac0e7a6cdb825..0000000000000000000000000000000000000000
--- a/changelog.d/3355.bugfix
+++ /dev/null
@@ -1 +0,0 @@
-Fix federation backfill from SQLite servers
diff --git a/changelog.d/3356.misc b/changelog.d/3356.misc
deleted file mode 100644
index e69de29bb2d1d6434b8b29ae775ad8c2e48c5391..0000000000000000000000000000000000000000
diff --git a/changelog.d/3363.bugfix b/changelog.d/3363.bugfix
deleted file mode 100644
index d8895195c291774a5290e9e8557b2e0d0ef84a2a..0000000000000000000000000000000000000000
--- a/changelog.d/3363.bugfix
+++ /dev/null
@@ -1 +0,0 @@
-Fix event-purge-by-ts admin API
diff --git a/changelog.d/3371.bugfix b/changelog.d/3371.bugfix
deleted file mode 100644
index 553f2b126e628deeccec9369d5ef06cbcba16be8..0000000000000000000000000000000000000000
--- a/changelog.d/3371.bugfix
+++ /dev/null
@@ -1 +0,0 @@
-Fix event filtering in get_missing_events handler
diff --git a/changelog.d/3372.feature b/changelog.d/3372.feature
deleted file mode 100644
index 7f58f3ccaca775ce44212fceecd8878ae739e87a..0000000000000000000000000000000000000000
--- a/changelog.d/3372.feature
+++ /dev/null
@@ -1 +0,0 @@
-Try to log more helpful info when a sig verification fails
diff --git a/changelog.d/3385.misc b/changelog.d/3385.misc
deleted file mode 100644
index 92a91a1ca5c8558ebe037916542fae59ffa95fa8..0000000000000000000000000000000000000000
--- a/changelog.d/3385.misc
+++ /dev/null
@@ -1 +0,0 @@
-Reinstate lost run_on_reactor in unit tests
diff --git a/changelog.d/3446.misc b/changelog.d/3446.misc
deleted file mode 100644
index e69de29bb2d1d6434b8b29ae775ad8c2e48c5391..0000000000000000000000000000000000000000
diff --git a/changelog.d/3447.misc b/changelog.d/3447.misc
deleted file mode 100644
index e69de29bb2d1d6434b8b29ae775ad8c2e48c5391..0000000000000000000000000000000000000000
diff --git a/changelog.d/3456.bugfix b/changelog.d/3456.bugfix
deleted file mode 100644
index 3310dcb3ffba927ef2670d0ded89609d2580feae..0000000000000000000000000000000000000000
--- a/changelog.d/3456.bugfix
+++ /dev/null
@@ -1 +0,0 @@
-Synapse is now stricter regarding accepting events which it cannot retrieve the prev_events for.
diff --git a/changelog.d/3462.feature b/changelog.d/3462.feature
deleted file mode 100644
index 305dbbeddd6b9669085f0e628218b8c0f18b57ea..0000000000000000000000000000000000000000
--- a/changelog.d/3462.feature
+++ /dev/null
@@ -1 +0,0 @@
-Synapse now uses the best performing JSON encoder/decoder according to your runtime (simplejson on CPython, stdlib json on PyPy).
\ No newline at end of file
diff --git a/changelog.d/3465.feature b/changelog.d/3465.feature
deleted file mode 100644
index 1a0b5abfb7f249f49477c4a1f688ca82f2750382..0000000000000000000000000000000000000000
--- a/changelog.d/3465.feature
+++ /dev/null
@@ -1 +0,0 @@
-Add optional ip_range_whitelist param to AS registration files to lock AS IP access
diff --git a/changelog.d/3467.misc b/changelog.d/3467.misc
deleted file mode 100644
index e69de29bb2d1d6434b8b29ae775ad8c2e48c5391..0000000000000000000000000000000000000000
diff --git a/changelog.d/3470.bugfix b/changelog.d/3470.bugfix
deleted file mode 100644
index 1308931191fcd42cbab1340a0431594d19e44198..0000000000000000000000000000000000000000
--- a/changelog.d/3470.bugfix
+++ /dev/null
@@ -1 +0,0 @@
-Fix bug where synapse would explode when receiving unicode in HTTP User-Agent header
diff --git a/changelog.d/3473.bugfix b/changelog.d/3473.bugfix
deleted file mode 100644
index 7244ab59f28444eb7e51058be46ab3a22f8e99ee..0000000000000000000000000000000000000000
--- a/changelog.d/3473.bugfix
+++ /dev/null
@@ -1 +0,0 @@
-Invalidate cache on correct thread to avoid race
diff --git a/changelog.d/3474.misc b/changelog.d/3474.misc
deleted file mode 100644
index e69de29bb2d1d6434b8b29ae775ad8c2e48c5391..0000000000000000000000000000000000000000
diff --git a/changelog.d/3480.feature b/changelog.d/3480.feature
deleted file mode 100644
index a21580943dc993a6d7d2892658d25d978dc17419..0000000000000000000000000000000000000000
--- a/changelog.d/3480.feature
+++ /dev/null
@@ -1 +0,0 @@
-Reject invalid server names in federation requests
diff --git a/changelog.d/3483.feature b/changelog.d/3483.feature
deleted file mode 100644
index afa2fbbcba7f9265a63cb30c7f2628f4f322615f..0000000000000000000000000000000000000000
--- a/changelog.d/3483.feature
+++ /dev/null
@@ -1 +0,0 @@
-Reject invalid server names in homeserver.yaml
\ No newline at end of file
diff --git a/changelog.d/acls.feature b/changelog.d/acls.feature
deleted file mode 100644
index d06a8f5c4130f4c39ead52354ad5e22201570d87..0000000000000000000000000000000000000000
--- a/changelog.d/acls.feature
+++ /dev/null
@@ -1 +0,0 @@
-Add blacklist & whitelist of servers allowed to send events to a room via ``m.room.server_acl`` event.