diff --git a/docs/modules/ROOT/pages/api/erc1155.adoc b/docs/modules/ROOT/pages/api/erc1155.adoc
index 865fb9b8a..83496f738 100644
--- a/docs/modules/ROOT/pages/api/erc1155.adoc
+++ b/docs/modules/ROOT/pages/api/erc1155.adoc
@@ -167,6 +167,17 @@ ERC1155 component implementing <<IERC1155,IERC1155>> and <<IERC1155MetadataURI,I
 
 NOTE: {src5-component-required-note}
 
+NOTE: See xref:#ERC1155Component-Hooks[Hooks] to understand how are hooks used.
+
+[.contract-index]
+.Hooks
+--
+[.sub-index#ERC1155Component-ERC1155HooksTrait]
+.ERC1155HooksTrait
+* xref:#ERC1155Component-before_update[`++before_update(self, from, to, token_ids, values)++`]
+* xref:#ERC1155Component-after_update[`++after_update(self, from, to, token_ids, values)++`]
+--
+
 [.contract-index#ERC1155Component-Embeddable-Mixin-Impl]
 .{mixin-impls}
 
@@ -228,6 +239,28 @@ NOTE: {src5-component-required-note}
 * xref:#ERC1155Component-URI[`++URI(value, id)++`]
 --
 
+[#ERC1155Component-Hooks]
+==== Hooks
+
+Hooks are functions which implementations can extend the functionality of the component source code. Every contract
+using ERC1155Component is expected to provide an implementation of the ERC1155HooksTrait. For basic token contracts, an
+empty implementation with no logic must be provided.
+
+TIP: You can use `openzeppelin::token::erc1155::ERC1155HooksEmptyImpl` which is already available as part of the library
+for this purpose.
+
+[.contract-item]
+[[ERC1155Component-before_update]]
+==== `[.contract-item-name]#++before_update++#++(ref self: ContractState, from: ContractAddress, to: ContractAddress, token_ids: Span<u256>, values: Span<u256>)++` [.item-kind]#hook#
+
+Function executed at the beginning of the xref:#ERC1155Component-update[update] function prior to any other logic.
+
+[.contract-item]
+[[ERC1155Component-after_update]]
+==== `[.contract-item-name]#++after_update++#++(ref self: ContractState, from: ContractAddress, to: ContractAddress, token_ids: Span<u256>, values: Span<u256>)++` [.item-kind]#hook#
+
+Function executed at the end of the xref:#ERC1155Component-update[update] function.
+
 ==== Embeddable functions
 
 [.contract-item]
@@ -382,6 +415,9 @@ Requirements:
 Emits a <<ERC1155Component-TransferSingle,TransferSingle>> event if the arrays contain one element,
 and <<ERC1155Component-TransferBatch,TransferBatch>> otherwise.
 
+NOTE: This function can be extended using the xref:ERC1155Component-ERC1155HooksTrait[ERC1155HooksTrait], to add
+functionality before and/or after the transfer, mint, or burn.
+
 NOTE: The ERC1155 acceptance check is not performed in this function.
 See <<ERC1155Component-update_with_acceptance_check,update_with_acceptance_check>> instead.
 
diff --git a/docs/modules/ROOT/pages/api/erc20.adoc b/docs/modules/ROOT/pages/api/erc20.adoc
index 9a0cef17c..f352bfecd 100644
--- a/docs/modules/ROOT/pages/api/erc20.adoc
+++ b/docs/modules/ROOT/pages/api/erc20.adoc
@@ -436,7 +436,7 @@ Possibly emits an <<ERC20Component-Approval,Approval>> event.
 Transfers an `amount` of tokens from `from` to `to`, or alternatively mints (or burns) if `from` (or `to`) is
 the zero address.
 
-This function can be extended using the xref:ERC20Component-ERC20HooksTrait[ERC20HooksTrait], to add
+NOTE: This function can be extended using the xref:ERC20Component-ERC20HooksTrait[ERC20HooksTrait], to add
 functionality before and/or after the transfer, mint, or burn.
 
 Emits a <<ERC20Component-Transfer,Transfer>> event.
diff --git a/docs/modules/ROOT/pages/erc1155.adoc b/docs/modules/ROOT/pages/erc1155.adoc
index 86b90d55f..5216b931c 100644
--- a/docs/modules/ROOT/pages/erc1155.adoc
+++ b/docs/modules/ROOT/pages/erc1155.adoc
@@ -114,7 +114,7 @@ Here's an example of a basic contract:
 #[starknet::contract]
 mod MyERC1155 {
     use openzeppelin::introspection::src5::SRC5Component;
-    use openzeppelin::token::erc1155::ERC1155Component;
+    use openzeppelin::token::erc1155::{ERC1155Component, ERC1155HooksEmptyImpl};
     use starknet::ContractAddress;
 
     component!(path: ERC1155Component, storage: erc1155, event: ERC1155Event);
diff --git a/src/presets/erc1155.cairo b/src/presets/erc1155.cairo
index b0ac768e5..8d29183e1 100644
--- a/src/presets/erc1155.cairo
+++ b/src/presets/erc1155.cairo
@@ -12,7 +12,7 @@
 mod ERC1155Upgradeable {
     use openzeppelin::access::ownable::OwnableComponent;
     use openzeppelin::introspection::src5::SRC5Component;
-    use openzeppelin::token::erc1155::ERC1155Component;
+    use openzeppelin::token::erc1155::{ERC1155Component, ERC1155HooksEmptyImpl};
     use openzeppelin::upgrades::UpgradeableComponent;
     use openzeppelin::upgrades::interface::IUpgradeable;
     use starknet::{ContractAddress, ClassHash};
diff --git a/src/tests/mocks/erc1155_mocks.cairo b/src/tests/mocks/erc1155_mocks.cairo
index 976050426..c4c08bb6d 100644
--- a/src/tests/mocks/erc1155_mocks.cairo
+++ b/src/tests/mocks/erc1155_mocks.cairo
@@ -1,7 +1,7 @@
 #[starknet::contract]
 mod DualCaseERC1155Mock {
     use openzeppelin::introspection::src5::SRC5Component;
-    use openzeppelin::token::erc1155::ERC1155Component;
+    use openzeppelin::token::erc1155::{ERC1155Component, ERC1155HooksEmptyImpl};
     use starknet::ContractAddress;
 
     component!(path: ERC1155Component, storage: erc1155, event: ERC1155Event);
@@ -54,7 +54,7 @@ mod DualCaseERC1155Mock {
 #[starknet::contract]
 mod SnakeERC1155Mock {
     use openzeppelin::introspection::src5::SRC5Component;
-    use openzeppelin::token::erc1155::ERC1155Component;
+    use openzeppelin::token::erc1155::{ERC1155Component, ERC1155HooksEmptyImpl};
     use starknet::ContractAddress;
 
     component!(path: ERC1155Component, storage: erc1155, event: ERC1155Event);
diff --git a/src/token/erc1155.cairo b/src/token/erc1155.cairo
index 43434d35d..e6d0b0e3f 100644
--- a/src/token/erc1155.cairo
+++ b/src/token/erc1155.cairo
@@ -5,4 +5,5 @@ mod erc1155_receiver;
 mod interface;
 
 use erc1155::ERC1155Component;
+use erc1155::ERC1155HooksEmptyImpl;
 use erc1155_receiver::ERC1155ReceiverComponent;
diff --git a/src/token/erc1155/erc1155.cairo b/src/token/erc1155/erc1155.cairo
index f70751bda..ffe732983 100644
--- a/src/token/erc1155/erc1155.cairo
+++ b/src/token/erc1155/erc1155.cairo
@@ -1,6 +1,8 @@
 // SPDX-License-Identifier: MIT
 // OpenZeppelin Contracts for Cairo v0.12.0 (token/erc1155/erc1155.cairo)
 
+use starknet::ContractAddress;
+
 /// # ERC1155 Component
 ///
 /// The ERC1155 component provides an implementation of the basic standard multi-token.
@@ -94,6 +96,28 @@ mod ERC1155Component {
         const SAFE_TRANSFER_FAILED: felt252 = 'ERC1155: safe transfer failed';
     }
 
+    //
+    // Hooks
+    //
+
+    trait ERC1155HooksTrait<TContractState> {
+        fn before_update(
+            ref self: ComponentState<TContractState>,
+            from: ContractAddress,
+            to: ContractAddress,
+            token_ids: Span<u256>,
+            values: Span<u256>
+        );
+
+        fn after_update(
+            ref self: ComponentState<TContractState>,
+            from: ContractAddress,
+            to: ContractAddress,
+            token_ids: Span<u256>,
+            values: Span<u256>
+        );
+    }
+
     //
     // External
     //
@@ -103,6 +127,7 @@ mod ERC1155Component {
         TContractState,
         +HasComponent<TContractState>,
         +SRC5Component::HasComponent<TContractState>,
+        +ERC1155HooksTrait<TContractState>,
         +Drop<TContractState>
     > of interface::IERC1155<ComponentState<TContractState>> {
         /// Returns the amount of `token_id` tokens owned by `account`.
@@ -237,6 +262,7 @@ mod ERC1155Component {
         TContractState,
         +HasComponent<TContractState>,
         +SRC5Component::HasComponent<TContractState>,
+        +ERC1155HooksTrait<TContractState>,
         +Drop<TContractState>
     > of interface::IERC1155MetadataURI<ComponentState<TContractState>> {
         /// This implementation returns the same URI for *all* token types. It relies
@@ -256,6 +282,7 @@ mod ERC1155Component {
         TContractState,
         +HasComponent<TContractState>,
         +SRC5Component::HasComponent<TContractState>,
+        +ERC1155HooksTrait<TContractState>,
         +Drop<TContractState>
     > of interface::IERC1155Camel<ComponentState<TContractState>> {
         fn balanceOf(
@@ -316,6 +343,7 @@ mod ERC1155Component {
         TContractState,
         +HasComponent<TContractState>,
         impl SRC5: SRC5Component::HasComponent<TContractState>,
+        impl Hooks: ERC1155HooksTrait<TContractState>,
         +Drop<TContractState>
     > of InternalTrait<TContractState> {
         /// Initializes the contract by setting the `base_uri` for all tokens,
@@ -338,6 +366,9 @@ mod ERC1155Component {
         ///
         /// Emits a `TransferSingle` event if the arrays contain one element, and `TransferBatch` otherwise.
         ///
+        /// NOTE: This function can be extended using the `ERC1155HooksTrait`, to add
+        /// functionality before and/or after the transfer, mint, or burn.
+        ///
         /// NOTE: The ERC1155 acceptance check is not performed in this function.
         /// See `update_with_acceptance_check` instead.
         fn update(
@@ -347,6 +378,8 @@ mod ERC1155Component {
             token_ids: Span<u256>,
             values: Span<u256>
         ) {
+            Hooks::before_update(ref self, from, to, token_ids, values);
+
             assert(token_ids.len() == values.len(), Errors::INVALID_ARRAY_LENGTH);
 
             let mut index = 0;
@@ -378,6 +411,8 @@ mod ERC1155Component {
             } else {
                 self.emit(TransferBatch { operator, from, to, ids: token_ids, values });
             }
+
+            Hooks::after_update(ref self, from, to, token_ids, values);
         }
 
         /// Version of `update` that performs the token acceptance check by calling
@@ -554,6 +589,7 @@ mod ERC1155Component {
         TContractState,
         +HasComponent<TContractState>,
         impl SRC5: SRC5Component::HasComponent<TContractState>,
+        +ERC1155HooksTrait<TContractState>,
         +Drop<TContractState>
     > of interface::ERC1155ABI<ComponentState<TContractState>> {
         // IERC1155
@@ -668,3 +704,22 @@ mod ERC1155Component {
         }
     }
 }
+
+/// An empty implementation of the ERC1155 hooks to be used in basic ERC1155 preset contracts.
+impl ERC1155HooksEmptyImpl<TContractState> of ERC1155Component::ERC1155HooksTrait<TContractState> {
+    fn before_update(
+        ref self: ERC1155Component::ComponentState<TContractState>,
+        from: ContractAddress,
+        to: ContractAddress,
+        token_ids: Span<u256>,
+        values: Span<u256>
+    ) {}
+
+    fn after_update(
+        ref self: ERC1155Component::ComponentState<TContractState>,
+        from: ContractAddress,
+        to: ContractAddress,
+        token_ids: Span<u256>,
+        values: Span<u256>
+    ) {}
+}
diff --git a/src/token/erc20/erc20.cairo b/src/token/erc20/erc20.cairo
index 10003fc91..2b540c88e 100644
--- a/src/token/erc20/erc20.cairo
+++ b/src/token/erc20/erc20.cairo
@@ -321,7 +321,7 @@ mod ERC20Component {
         /// Transfers an `amount` of tokens from `from` to `to`, or alternatively mints (or burns) if `from` (or `to`) is
         /// the zero address.
         ///
-        /// This function can be extended using the `ERC20HooksTrait`, to add
+        /// NOTe: This function can be extended using the `ERC20HooksTrait`, to add
         /// functionality before and/or after the transfer, mint, or burn.
         ///
         /// Emits a `Transfer` event.