Switzerland will implement a new law in July to help seize and repatriate illicit wealth parked in its banks by the figures of Mubarak's regime and other foreign dictators, Al Ahram News reported on Wednesday. The move is aimed at helping Switzerland and its wealth management industry shake off their image as a secretive haven for ill-gotten riches. This issue was in the news again this week when Singapore shut down Swiss private bank operations in the city-state and Swiss prosecutors began criminal proceedings in the biggest international crackdown on financial entities dealing with a scandal-hit Malaysian government fund. The Swiss cabinet agreed to implement from July 1 a law that lets authorities seize and return funds that foreign leaders looted, even in cases that cannot be resolved through standard international requests for mutual legal assistance.