diff --git a/CHANGELOG.md b/CHANGELOG.md
index 57a3c4851..12d308009 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -17,6 +17,10 @@ Changes are grouped as follows
 - `Fixed` for any bug fixes.
 - `Security` in case of vulnerabilities.
 
+## [7.70.4] - 2024-12-11
+### Fixed
+- Added missing `diagramParsingACl` to capabilities.
+
 ## [7.70.3] - 2024-12-11
 ### Fixed
 - Aggregation requests with custom properties, like a metadata key, are no longer converted to camelCase
diff --git a/cognite/client/_version.py b/cognite/client/_version.py
index d71cebc18..a9241b258 100644
--- a/cognite/client/_version.py
+++ b/cognite/client/_version.py
@@ -1,5 +1,5 @@
 from __future__ import annotations
 
-__version__ = "7.70.3"
+__version__ = "7.70.4"
 
 __api_subversion__ = "20230101"
diff --git a/cognite/client/data_classes/capabilities.py b/cognite/client/data_classes/capabilities.py
index 9990d3e9a..596e9694a 100644
--- a/cognite/client/data_classes/capabilities.py
+++ b/cognite/client/data_classes/capabilities.py
@@ -605,6 +605,20 @@ class Scope:
         ID = IDScope
 
 
+@dataclass
+class DiagramParsingAcl(Capability):
+    _capability_name = "diagramParsingAcl"
+    actions: Sequence[Action]
+    scope: AllScope = field(default_factory=AllScope)
+
+    class Action(Capability.Action):  # type: ignore [misc]
+        Read = "READ"
+        Write = "WRITE"
+
+    class Scope:
+        All = AllScope
+
+
 @dataclass
 class DigitalTwinAcl(Capability):
     _capability_name = "digitalTwinAcl"
diff --git a/pyproject.toml b/pyproject.toml
index 5a937116b..ec0f7d5e5 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,7 +1,7 @@
 [tool.poetry]
 name = "cognite-sdk"
 
-version = "7.70.3"
+version = "7.70.4"
 
 description = "Cognite Python SDK"
 readme = "README.md"
diff --git a/tests/tests_unit/test_data_classes/test_capabilities.py b/tests/tests_unit/test_data_classes/test_capabilities.py
index 21af7a2ae..39c21435a 100644
--- a/tests/tests_unit/test_data_classes/test_capabilities.py
+++ b/tests/tests_unit/test_data_classes/test_capabilities.py
@@ -52,6 +52,7 @@ def all_acls():
         },
         {"datasetsAcl": {"actions": ["READ", "WRITE", "OWNER"], "scope": {"all": {}}}},
         {"datasetsAcl": {"actions": ["READ", "WRITE", "OWNER"], "scope": {"idScope": {"ids": ["2918026428"]}}}},
+        {"diagramParsingAcl": {"actions": ["READ", "WRITE"], "scope": {"all": {}}}},
         {"digitalTwinAcl": {"actions": ["READ", "WRITE"], "scope": {"all": {}}}},
         {"documentFeedbackAcl": {"actions": ["CREATE", "READ", "DELETE"], "scope": {"all": {}}}},
         {"documentPipelinesAcl": {"actions": ["READ", "WRITE"], "scope": {"all": {}}}},