diff --git a/fixtures/1.output.json b/fixtures/1.output.json
index 914ebb6..6d5288b 100644
--- a/fixtures/1.output.json
+++ b/fixtures/1.output.json
@@ -515,7 +515,7 @@
       "Properties": {
         "ManagedPolicyArns": [
           "arn:aws:iam::aws:policy/service-role/AWSCodeDeployRoleForLambdaLimited",
-          "arn:aws:iam::aws:policy/AWSLambdaFullAccess"
+          "arn:aws:iam::aws:policy/AWSLambda_FullAccess"
         ],
         "AssumeRolePolicyDocument": {
           "Version": "2012-10-17",
diff --git a/fixtures/10.output.v2-websocket.json b/fixtures/10.output.v2-websocket.json
index 4e4ac13..61f76ce 100644
--- a/fixtures/10.output.v2-websocket.json
+++ b/fixtures/10.output.v2-websocket.json
@@ -829,7 +829,7 @@
       "Properties": {
         "ManagedPolicyArns": [
           "arn:aws:iam::aws:policy/service-role/AWSCodeDeployRoleForLambdaLimited",
-          "arn:aws:iam::aws:policy/AWSLambdaFullAccess"
+          "arn:aws:iam::aws:policy/AWSLambda_FullAccess"
         ],
         "AssumeRolePolicyDocument": {
           "Version": "2012-10-17",
diff --git a/fixtures/11.output.v2-websocket-authorizer.json b/fixtures/11.output.v2-websocket-authorizer.json
index 38bd478..0d3a456 100644
--- a/fixtures/11.output.v2-websocket-authorizer.json
+++ b/fixtures/11.output.v2-websocket-authorizer.json
@@ -926,7 +926,7 @@
       "Properties": {
         "ManagedPolicyArns": [
           "arn:aws:iam::aws:policy/service-role/AWSCodeDeployRoleForLambdaLimited",
-          "arn:aws:iam::aws:policy/AWSLambdaFullAccess"
+          "arn:aws:iam::aws:policy/AWSLambda_FullAccess"
         ],
         "AssumeRolePolicyDocument": {
           "Version": "2012-10-17",
diff --git a/fixtures/12.output-with-permissions-boundary.json b/fixtures/12.output-with-permissions-boundary.json
index 27eba2f..bac9d99 100644
--- a/fixtures/12.output-with-permissions-boundary.json
+++ b/fixtures/12.output-with-permissions-boundary.json
@@ -504,7 +504,7 @@
       "Properties": {
         "ManagedPolicyArns": [
           "arn:aws:iam::aws:policy/service-role/AWSCodeDeployRoleForLambdaLimited",
-          "arn:aws:iam::aws:policy/AWSLambdaFullAccess"
+          "arn:aws:iam::aws:policy/AWSLambda_FullAccess"
         ],
         "AssumeRolePolicyDocument": {
           "Version": "2012-10-17",
diff --git a/fixtures/13.output.multiple-function-hooks.json b/fixtures/13.output.multiple-function-hooks.json
index c4e9761..9cd7aa2 100644
--- a/fixtures/13.output.multiple-function-hooks.json
+++ b/fixtures/13.output.multiple-function-hooks.json
@@ -290,7 +290,7 @@
       "Properties": {
         "ManagedPolicyArns": [
           "arn:aws:iam::aws:policy/service-role/AWSCodeDeployRoleForLambdaLimited",
-          "arn:aws:iam::aws:policy/AWSLambdaFullAccess"
+          "arn:aws:iam::aws:policy/AWSLambda_FullAccess"
         ],
         "AssumeRolePolicyDocument": {
           "Version": "2012-10-17",
diff --git a/fixtures/2.output.without-hooks.json b/fixtures/2.output.without-hooks.json
index cc4248e..9a86dc4 100644
--- a/fixtures/2.output.without-hooks.json
+++ b/fixtures/2.output.without-hooks.json
@@ -371,7 +371,7 @@
       "Properties": {
         "ManagedPolicyArns": [
           "arn:aws:iam::aws:policy/service-role/AWSCodeDeployRoleForLambdaLimited",
-          "arn:aws:iam::aws:policy/AWSLambdaFullAccess"
+          "arn:aws:iam::aws:policy/AWSLambda_FullAccess"
         ],
         "AssumeRolePolicyDocument": {
           "Version": "2012-10-17",
diff --git a/fixtures/5.output.with-trigger.json b/fixtures/5.output.with-trigger.json
index 1f78aee..f68ee37 100644
--- a/fixtures/5.output.with-trigger.json
+++ b/fixtures/5.output.with-trigger.json
@@ -515,7 +515,7 @@
       "Properties": {
         "ManagedPolicyArns": [
           "arn:aws:iam::aws:policy/service-role/AWSCodeDeployRoleForLambdaLimited",
-          "arn:aws:iam::aws:policy/AWSLambdaFullAccess",
+          "arn:aws:iam::aws:policy/AWSLambda_FullAccess",
           "arn:aws:iam::aws:policy/AmazonSNSFullAccess"
         ],
         "AssumeRolePolicyDocument": {
diff --git a/fixtures/6.output.cloudwatch-events-trigger.json b/fixtures/6.output.cloudwatch-events-trigger.json
index 28ccd39..302ae2b 100644
--- a/fixtures/6.output.cloudwatch-events-trigger.json
+++ b/fixtures/6.output.cloudwatch-events-trigger.json
@@ -314,7 +314,7 @@
       "Properties": {
         "ManagedPolicyArns": [
           "arn:aws:iam::aws:policy/service-role/AWSCodeDeployRoleForLambdaLimited",
-          "arn:aws:iam::aws:policy/AWSLambdaFullAccess"
+          "arn:aws:iam::aws:policy/AWSLambda_FullAccess"
         ],
         "AssumeRolePolicyDocument": {
           "Version": "2012-10-17",
diff --git a/fixtures/7.output.cloudwatch-logs-trigger.json b/fixtures/7.output.cloudwatch-logs-trigger.json
index c4451b0..79ac0de 100644
--- a/fixtures/7.output.cloudwatch-logs-trigger.json
+++ b/fixtures/7.output.cloudwatch-logs-trigger.json
@@ -307,7 +307,7 @@
       "Properties": {
         "ManagedPolicyArns": [
           "arn:aws:iam::aws:policy/service-role/AWSCodeDeployRoleForLambdaLimited",
-          "arn:aws:iam::aws:policy/AWSLambdaFullAccess"
+          "arn:aws:iam::aws:policy/AWSLambda_FullAccess"
         ],
         "AssumeRolePolicyDocument": {
           "Version": "2012-10-17",
diff --git a/fixtures/8.output.sns-subscriptions-trigger.json b/fixtures/8.output.sns-subscriptions-trigger.json
index 834cf4a..ac25574 100644
--- a/fixtures/8.output.sns-subscriptions-trigger.json
+++ b/fixtures/8.output.sns-subscriptions-trigger.json
@@ -244,7 +244,7 @@
       "Properties": {
         "ManagedPolicyArns": [
           "arn:aws:iam::aws:policy/service-role/AWSCodeDeployRoleForLambdaLimited",
-          "arn:aws:iam::aws:policy/AWSLambdaFullAccess"
+          "arn:aws:iam::aws:policy/AWSLambda_FullAccess"
         ],
         "AssumeRolePolicyDocument": {
           "Version": "2012-10-17",
diff --git a/fixtures/9.output.iot-topic-rule.json b/fixtures/9.output.iot-topic-rule.json
index 5970582..d9d12b9 100644
--- a/fixtures/9.output.iot-topic-rule.json
+++ b/fixtures/9.output.iot-topic-rule.json
@@ -718,7 +718,7 @@
       "Properties": {
         "ManagedPolicyArns": [
           "arn:aws:iam::aws:policy/service-role/AWSCodeDeployRoleForLambdaLimited",
-          "arn:aws:iam::aws:policy/AWSLambdaFullAccess",
+          "arn:aws:iam::aws:policy/AWSLambda_FullAccess",
           "arn:aws:iam::aws:policy/AmazonSNSFullAccess"
         ],
         "AssumeRolePolicyDocument": {
diff --git a/lib/CfTemplateGenerators/Iam.js b/lib/CfTemplateGenerators/Iam.js
index 2305e9b..98ffcde 100644
--- a/lib/CfTemplateGenerators/Iam.js
+++ b/lib/CfTemplateGenerators/Iam.js
@@ -3,7 +3,7 @@ const _ = require('lodash/fp')
 function buildCodeDeployRole (codeDeployRolePermissionsBoundaryArn, areTriggerConfigurationsSet) {
   const attachedPolicies = [
     'arn:aws:iam::aws:policy/service-role/AWSCodeDeployRoleForLambdaLimited',
-    'arn:aws:iam::aws:policy/AWSLambdaFullAccess'
+    'arn:aws:iam::aws:policy/AWSLambda_FullAccess'
   ]
   if (areTriggerConfigurationsSet) {
     attachedPolicies.push('arn:aws:iam::aws:policy/AmazonSNSFullAccess')
diff --git a/lib/CfTemplateGenerators/Iam.test.js b/lib/CfTemplateGenerators/Iam.test.js
index d7fde61..abee18e 100644
--- a/lib/CfTemplateGenerators/Iam.test.js
+++ b/lib/CfTemplateGenerators/Iam.test.js
@@ -10,7 +10,7 @@ describe('Iam', () => {
           Properties: {
             ManagedPolicyArns: [
               'arn:aws:iam::aws:policy/service-role/AWSCodeDeployRoleForLambdaLimited',
-              'arn:aws:iam::aws:policy/AWSLambdaFullAccess'
+              'arn:aws:iam::aws:policy/AWSLambda_FullAccess'
             ],
             AssumeRolePolicyDocument: {
               Version: '2012-10-17',
@@ -35,7 +35,7 @@ describe('Iam', () => {
           Properties: {
             ManagedPolicyArns: [
               'arn:aws:iam::aws:policy/service-role/AWSCodeDeployRoleForLambdaLimited',
-              'arn:aws:iam::aws:policy/AWSLambdaFullAccess',
+              'arn:aws:iam::aws:policy/AWSLambda_FullAccess',
               'arn:aws:iam::aws:policy/AmazonSNSFullAccess'
             ],
             AssumeRolePolicyDocument: {
@@ -62,7 +62,7 @@ describe('Iam', () => {
         Properties: {
           ManagedPolicyArns: [
             'arn:aws:iam::aws:policy/service-role/AWSCodeDeployRoleForLambdaLimited',
-            'arn:aws:iam::aws:policy/AWSLambdaFullAccess'
+            'arn:aws:iam::aws:policy/AWSLambda_FullAccess'
           ],
           AssumeRolePolicyDocument: {
             Version: '2012-10-17',
@@ -201,7 +201,7 @@ describe('Iam', () => {
           Properties: {
             ManagedPolicyArns: [
               'arn:aws:iam::aws:policy/service-role/AWSCodeDeployRoleForLambdaLimited',
-              'arn:aws:iam::aws:policy/AWSLambdaFullAccess'
+              'arn:aws:iam::aws:policy/AWSLambda_FullAccess'
             ],
             AssumeRolePolicyDocument: {
               Version: '2012-10-17',