diff --git a/docs/wiki/The CI environment - Publishing.md b/docs/wiki/The CI environment - Publishing.md
index 6bc4253189..fae7969a37 100644
--- a/docs/wiki/The CI environment - Publishing.md	
+++ b/docs/wiki/The CI environment - Publishing.md	
@@ -29,7 +29,7 @@ The publishing works as follows:
 1. The script [`utilities/pipelines/resourcePublish/Get-ModulesToPublish.ps1`](https://github.com/Azure/ResourceModules/blob/main/utilities/pipelines/resourcePublish/Get-ModulesToPublish.ps1) gets all changed module files, including child modules, and handles the logic of propagating the appropriate module version to be used:
    1. The major (`x.0`) and minor (`0.x`) version are set based on the `version.json` file in the module folder.
    1. The patch (`0.0.x`) version is calculated based on the number of commits on the `HEAD` ref (aka. git height). This will cause the patch version to never reset to 0 with major and/or minor increment, as specified for [semver](https://semver.org/).
-   1. The module is published with a `major.minor.patch` version (`x.y.z`). For Template Specs and Bicep Registry only, a `major` version (`x`) and a `major.minor` version (`x.y`) are also updated, allowing a consumer to:
+   1. The module is published with a `major.minor.patch` version (`x.y.z`). For Template Specs and Bicep Registry only, a `major` version (`x`), a `major.minor` version (`x.y`) and a `latest` version are also updated, allowing a consumer to:
       - Reference the latest version of a major, i.e., the latest minor and patch of a major version.
          > Example: Using Template Specs, the reference to a `major` could look like: `ts/modules:microsoft.resources.resourcegroups:1` which means that the template will always consume whatever the potentially overwritten/updated version `1` contains.
       - Reference the latest version of a minor, i.e., the latest patch of a minor version.
diff --git a/settings.yml b/settings.yml
index fce227c994..37c759f5f5 100644
--- a/settings.yml
+++ b/settings.yml
@@ -42,6 +42,12 @@ variables:
 
   location: 'West Europe' # The default location to test deploy resources to
 
+  ######################################
+  # Publish: Shared settings
+  ######################################
+
+  publishLatest: true # [Only for Template-Specs & Bicep Registry] Publish an absolute latest version. Note: This version may include breaking changes and is not recommended for production environments
+
   ######################################
   # Publish: Template-Spec settings
   ######################################
diff --git a/utilities/pipelines/resourcePublish/Get-ModulesToPublish.ps1 b/utilities/pipelines/resourcePublish/Get-ModulesToPublish.ps1
index ff468a5b3c..2d53d61ba9 100644
--- a/utilities/pipelines/resourcePublish/Get-ModulesToPublish.ps1
+++ b/utilities/pipelines/resourcePublish/Get-ModulesToPublish.ps1
@@ -346,10 +346,13 @@ Generates a hashtable with template file paths to publish with a new version.
 .PARAMETER TemplateFilePath
 Mandatory. Path to a deploy.bicep/json file.
 
+.PARAMETER PublishLatest
+Optional. Publish an absolute latest version.
+Note: This version may include breaking changes and is not recommended for production environments
+
 .EXAMPLE
 Get-ModulesToPublish -TemplateFilePath 'C:\Repos\Azure\ResourceModules\modules\Microsoft.Storage\storageAccounts\deploy.bicep'
 
-
 Name               Value
 ----               -----
 TemplateFilePath   C:\Repos\Azure\ResourceModules\modules\Microsoft.Storage\storageAccounts\fileServices\shares\deploy.bicep
@@ -361,14 +364,17 @@ Version            0.3.848-prerelease
 
 Generates a hashtable with template file paths to publish and their new versions.
 
-
 #>#
 function Get-ModulesToPublish {
 
     [CmdletBinding()]
     param (
         [Parameter(Mandatory)]
-        [string] $TemplateFilePath
+        [string] $TemplateFilePath,
+
+        [Parameter(Mandatory = $false)]
+        [bool] $PublishLatest = $true
+
     )
 
     $ModuleFolderPath = Split-Path $TemplateFilePath -Parent
@@ -396,6 +402,14 @@ function Get-ModulesToPublish {
                 Version          = ($ModuleVersion.Split('.')[0])
                 TemplateFilePath = $TemplateFileToPublish.FullName
             }
+
+            if ($PublishLatest) {
+                # Absolute latest
+                $ModulesToPublish += @{
+                    Version          = 'latest'
+                    TemplateFilePath = $TemplateFileToPublish.FullName
+                }
+            }
         }
 
         $ParentTemplateFilesToPublish = Get-ParentModuleTemplateFile -TemplateFilePath $TemplateFileToPublish.FullName -Recurse
@@ -420,6 +434,14 @@ function Get-ModulesToPublish {
                     Version          = ($ParentModuleVersion.Split('.')[0])
                     TemplateFilePath = $ParentTemplateFileToPublish.FullName
                 }
+
+                if ($PublishLatest) {
+                    # Absolute latest
+                    $ModulesToPublish += @{
+                        Version          = 'latest'
+                        TemplateFilePath = $ParentTemplateFileToPublish.FullName
+                    }
+                }
             }
         }
     }