diff --git a/docs/index.rst b/docs/index.rst
index 5eee2f9d..5ef0e009 100644
--- a/docs/index.rst
+++ b/docs/index.rst
@@ -2,55 +2,44 @@
 
 .. include:: multiprocessing.rst
 
-Api Reference
--------------
+This package includes clients for multiple versions of Cloud Asset Inventory.
+By default, you will get version ``asset_v1``.
 
-This package includes clients for multiple versions of the Cloud Asset API. By default, you will get ``v1``
-the latest stable version.
 
-v1 <v1>
-~~~~~~~~~
+API Reference
+-------------
 .. toctree::
     :maxdepth: 2
 
     asset_v1/services
     asset_v1/types
 
-Beta releases with additional features over the current stable version. These are expected to move into the stable release soon;
-until then, the usual beta admonishment (changes are possible, etc.) applies.
-
-In order to use it, you will want to import from
-``google.cloud.asset_v1p4beta1`` in lieu of ``google.cloud.asset_v1``.
-
-v1p1beta1
-~~~~~~~~~
+API Reference
+-------------
 .. toctree::
     :maxdepth: 2
 
     asset_v1p1beta1/services
     asset_v1p1beta1/types
 
-
-v1p2beta1
-~~~~~~~~~
+API Reference
+-------------
 .. toctree::
     :maxdepth: 2
 
     asset_v1p2beta1/services
     asset_v1p2beta1/types
 
-
-v1p4beta1
-~~~~~~~~~
+API Reference
+-------------
 .. toctree::
     :maxdepth: 2
 
     asset_v1p4beta1/services
     asset_v1p4beta1/types
 
-
-v1p5beta1
-~~~~~~~~~
+API Reference
+-------------
 .. toctree::
     :maxdepth: 2
 
@@ -61,12 +50,12 @@ v1p5beta1
 Migration Guide
 ---------------
 
-See the guide below for instructions on migrating to the 2.x release of this library.
+See the guide below for instructions on migrating to the latest version.
 
 .. toctree::
     :maxdepth: 2
 
-    UPGRADING
+    UPGRADING
 
 
 Changelog
@@ -75,6 +64,6 @@ Changelog
 For a list of all ``google-cloud-asset`` releases:
 
 .. toctree::
-  :maxdepth: 2
+    :maxdepth: 2
 
-  changelog
+    changelog
diff --git a/google/cloud/asset_v1/services/asset_service/async_client.py b/google/cloud/asset_v1/services/asset_service/async_client.py
index 692fb57f..d5d2a86d 100644
--- a/google/cloud/asset_v1/services/asset_service/async_client.py
+++ b/google/cloud/asset_v1/services/asset_service/async_client.py
@@ -70,7 +70,7 @@ class AssetServiceAsyncClient:
     access_policy_path = staticmethod(AssetServiceClient.access_policy_path)
     parse_access_policy_path = staticmethod(AssetServiceClient.parse_access_policy_path)
     asset_path = staticmethod(AssetServiceClient.asset_path)
-
+    parse_asset_path = staticmethod(AssetServiceClient.parse_asset_path)
     feed_path = staticmethod(AssetServiceClient.feed_path)
     parse_feed_path = staticmethod(AssetServiceClient.parse_feed_path)
     inventory_path = staticmethod(AssetServiceClient.inventory_path)
diff --git a/google/cloud/asset_v1/services/asset_service/client.py b/google/cloud/asset_v1/services/asset_service/client.py
index dbacd132..46e8e2a3 100644
--- a/google/cloud/asset_v1/services/asset_service/client.py
+++ b/google/cloud/asset_v1/services/asset_service/client.py
@@ -222,6 +222,12 @@ def asset_path() -> str:
         """Returns a fully-qualified asset string."""
         return "*".format()
 
+    @staticmethod
+    def parse_asset_path(path: str) -> Dict[str, str]:
+        """Parses a asset path into its component segments."""
+        m = re.match(r"^.*$", path)
+        return m.groupdict() if m else {}
+
     @staticmethod
     def feed_path(
         project: str,
diff --git a/google/cloud/asset_v1p5beta1/services/asset_service/async_client.py b/google/cloud/asset_v1p5beta1/services/asset_service/async_client.py
index 0a5f7ba9..3c24b882 100644
--- a/google/cloud/asset_v1p5beta1/services/asset_service/async_client.py
+++ b/google/cloud/asset_v1p5beta1/services/asset_service/async_client.py
@@ -64,7 +64,7 @@ class AssetServiceAsyncClient:
     access_policy_path = staticmethod(AssetServiceClient.access_policy_path)
     parse_access_policy_path = staticmethod(AssetServiceClient.parse_access_policy_path)
     asset_path = staticmethod(AssetServiceClient.asset_path)
-
+    parse_asset_path = staticmethod(AssetServiceClient.parse_asset_path)
     service_perimeter_path = staticmethod(AssetServiceClient.service_perimeter_path)
     parse_service_perimeter_path = staticmethod(
         AssetServiceClient.parse_service_perimeter_path
diff --git a/google/cloud/asset_v1p5beta1/services/asset_service/client.py b/google/cloud/asset_v1p5beta1/services/asset_service/client.py
index 299c6fcf..08ab0a0d 100644
--- a/google/cloud/asset_v1p5beta1/services/asset_service/client.py
+++ b/google/cloud/asset_v1p5beta1/services/asset_service/client.py
@@ -216,6 +216,12 @@ def asset_path() -> str:
         """Returns a fully-qualified asset string."""
         return "*".format()
 
+    @staticmethod
+    def parse_asset_path(path: str) -> Dict[str, str]:
+        """Parses a asset path into its component segments."""
+        m = re.match(r"^.*$", path)
+        return m.groupdict() if m else {}
+
     @staticmethod
     def service_perimeter_path(
         access_policy: str,
diff --git a/owlbot.py b/owlbot.py
index 8f351856..fe360350 100644
--- a/owlbot.py
+++ b/owlbot.py
@@ -14,7 +14,6 @@
 
 import json
 from pathlib import Path
-import re
 import shutil
 
 import synthtool as s
@@ -36,55 +35,39 @@
     if clean_up_generated_samples:
         shutil.rmtree("samples/generated_samples", ignore_errors=True)
         clean_up_generated_samples = False
-    # Fix import of 'osconfig' type
-    s.replace(
-        library / f"google/cloud/asset_{library.name}/types/assets.py",
-        f"from google\.cloud\.osconfig\.{library.name} import inventory_pb2",
-        f"from google.cloud.osconfig_{library.name} import Inventory"
-    )
 
-    s.replace(
-        library / f"google/cloud/asset_{library.name}/types/assets.py",
-        "inventory_pb2\.Inventory",
-        "Inventory"
-    )
-
-    s.replace(
-        library / f"google/cloud/asset_{library.name}/types/assets.py",
-        "google\.cloud\.osconfig\.v1\.inventory_pb2\.Inventory",
-        "google.cloud.osconfig_v1.Inventory"
-    )
-
-    # Remove broken `parse_asset_path` method
-    # The resource pattern is '*' which breaks the regex match
-    s.replace(
-        library / "google/cloud/**/client.py",
-        """@staticmethod
-    def parse_asset_path.*?@staticmethod""",
-        """@staticmethod""",
-        flags=re.MULTILINE | re.DOTALL
-    )
-
-    s.replace(
-        library / "google/cloud/**/async_client.py",
-        """parse_asset_path = staticmethod\(AssetServiceClient\.parse_asset_path\)""",
-        ""
-    )
-
-    s.replace(
-        library / "tests/unit/**/test_asset_service.py",
-        """def test_parse_asset_path.*?def""",
-        """def""",
-        flags=re.MULTILINE | re.DOTALL,
-    )
-
-    s.replace(
-        library / "google/cloud/asset_v*/__init__.py",
-        "from google.cloud.asset import gapic_version as package_version",
-        f"from google.cloud.asset_{library.name} import gapic_version as package_version",
-    )
-
-    s.move([library], excludes=["**/gapic_version.py", "docs/index.rst", "setup.py", "testing/constraints-3.7.txt"])
+    # ----------------------------------------------------------------------------
+    # Workarounds to be migrated to the monorepo
+    # ----------------------------------------------------------------------------
+
+    # Generator issue: https://github.com/googleapis/gapic-generator-python/issues/1806
+    # Description: google-cloud-org-policy is not defined in https://github.com/googleapis/gapic-generator-python/blob/main/gapic/templates/_pypi_packages.j2.
+    # An attempt was made to add the dependency via https://github.com/googleapis/gapic-generator-python/pull/1805 however mypy checks 
+    # failed with error `google.cloud.orgpolicy.v1.orgpolicy_pb2.Policy is not valid as a type`.
+
+    # Only the setup.py and testing/constraints-3.7.txt from the default version need to be updated
+    if library.name == default_version:
+        replacement_count = 1
+        assert replacement_count == s.replace(
+            library / "setup.py",
+        """\"google-cloud-access-context-manager >= 0.1.2, <1.0.0dev\",
+    \"google-cloud-os-config >= 1.0.0, <2.0.0dev\",""",
+        """"google-cloud-access-context-manager >= 0.1.2, <1.0.0dev",
+    "google-cloud-org-policy >= 0.1.2, <2.0.0dev",
+    "google-cloud-os-config >= 1.0.0, <2.0.0dev",""",
+        )
+
+        replacement_count = 1
+        assert replacement_count == s.replace(
+            library / "testing/constraints-3.7.txt",
+        """google-cloud-access-context-manager==0.1.2
+google-cloud-os-config==1.0.0""",
+        """google-cloud-access-context-manager==0.1.2
+google-cloud-org-policy==0.1.2
+google-cloud-os-config==1.0.0""",
+        )
+
+    s.move([library], excludes=["**/gapic_version.py"])
 s.remove_staging_dirs()
 
 # ----------------------------------------------------------------------------
@@ -96,7 +79,7 @@ def parse_asset_path.*?@staticmethod""",
     microgenerator=True,
     versions=gcp.common.detect_versions(path="./google", default_first=True),
 )
-s.move(templated_files, excludes=[".coveragerc", ".github/release-please.yml", "docs/index.rst"])
+s.move(templated_files, excludes=[".coveragerc", ".github/release-please.yml"])
 
 python.py_samples(skip_readmes=True)
 
diff --git a/setup.py b/setup.py
index e0fdcc42..f3b4c9ff 100644
--- a/setup.py
+++ b/setup.py
@@ -1,5 +1,5 @@
 # -*- coding: utf-8 -*-
-# Copyright 2022 Google LLC
+# Copyright 2023 Google LLC
 #
 # Licensed under the Apache License, Version 2.0 (the "License");
 # you may not use this file except in compliance with the License.
@@ -37,13 +37,13 @@
 
 dependencies = [
     "google-api-core[grpc] >= 1.34.0, <3.0.0dev,!=2.0.*,!=2.1.*,!=2.2.*,!=2.3.*,!=2.4.*,!=2.5.*,!=2.6.*,!=2.7.*,!=2.8.*,!=2.9.*,!=2.10.*",
-    "grpc-google-iam-v1 >=0.12.4, <1.0.0dev",
-    "google-cloud-access-context-manager >= 0.1.2, <1.0.0dev",
-    "google-cloud-org-policy>=0.1.2, <2.0.0",
-    "google-cloud-os-config >= 1.0.0, <2.0.0dev",
     "proto-plus >= 1.22.0, <2.0.0dev",
     "proto-plus >= 1.22.2, <2.0.0dev; python_version>='3.11'",
     "protobuf>=3.19.5,<5.0.0dev,!=3.20.0,!=3.20.1,!=4.21.0,!=4.21.1,!=4.21.2,!=4.21.3,!=4.21.4,!=4.21.5",
+    "google-cloud-access-context-manager >= 0.1.2, <1.0.0dev",
+    "google-cloud-org-policy >= 0.1.2, <2.0.0dev",
+    "google-cloud-os-config >= 1.0.0, <2.0.0dev",
+    "grpc-google-iam-v1 >= 0.12.4, <1.0.0dev",
 ]
 url = "https://github.com/googleapis/python-asset"
 
@@ -59,9 +59,7 @@
     if package.startswith("google")
 ]
 
-namespaces = ["google"]
-if "google.cloud" in packages:
-    namespaces.append("google.cloud")
+namespaces = ["google", "google.cloud"]
 
 setuptools.setup(
     name=name,
diff --git a/testing/constraints-3.7.txt b/testing/constraints-3.7.txt
index 307e89fe..05de978b 100644
--- a/testing/constraints-3.7.txt
+++ b/testing/constraints-3.7.txt
@@ -5,9 +5,9 @@
 # e.g., if setup.py has "google-cloud-foo >= 1.14.0, < 2.0.0dev",
 # Then this file should have google-cloud-foo==1.14.0
 google-api-core==1.34.0
-grpc-google-iam-v1==0.12.4
+proto-plus==1.22.0
+protobuf==3.19.5
 google-cloud-access-context-manager==0.1.2
 google-cloud-org-policy==0.1.2
 google-cloud-os-config==1.0.0
-proto-plus==1.22.0
-protobuf==3.19.5
+grpc-google-iam-v1==0.12.4
diff --git a/tests/unit/gapic/asset_v1/test_asset_service.py b/tests/unit/gapic/asset_v1/test_asset_service.py
index 7a485be4..a3c35e8c 100644
--- a/tests/unit/gapic/asset_v1/test_asset_service.py
+++ b/tests/unit/gapic/asset_v1/test_asset_service.py
@@ -14685,6 +14685,15 @@ def test_asset_path():
     assert expected == actual
 
 
+def test_parse_asset_path():
+    expected = {}
+    path = AssetServiceClient.asset_path(**expected)
+
+    # Check that the path construction is reversible.
+    actual = AssetServiceClient.parse_asset_path(path)
+    assert expected == actual
+
+
 def test_feed_path():
     project = "cuttlefish"
     feed = "mussel"
diff --git a/tests/unit/gapic/asset_v1p5beta1/test_asset_service.py b/tests/unit/gapic/asset_v1p5beta1/test_asset_service.py
index 81a432c4..d169a712 100644
--- a/tests/unit/gapic/asset_v1p5beta1/test_asset_service.py
+++ b/tests/unit/gapic/asset_v1p5beta1/test_asset_service.py
@@ -2024,6 +2024,15 @@ def test_asset_path():
     assert expected == actual
 
 
+def test_parse_asset_path():
+    expected = {}
+    path = AssetServiceClient.asset_path(**expected)
+
+    # Check that the path construction is reversible.
+    actual = AssetServiceClient.parse_asset_path(path)
+    assert expected == actual
+
+
 def test_service_perimeter_path():
     access_policy = "cuttlefish"
     service_perimeter = "mussel"