Can $\Omega^- \to \Xi^- \gamma$ be sensitive to new physics beyond the Standard Model ?

We investigate the impact of new physics beyond the Standard Model to the $s \rightarrow d \gamma$ process, which is responsible for the short-distance contribution to the radiative decay $\Otogamma$. We study three representative extensions of the Standard Model, namely a one-family technicolor model, a two Higgs doublet model and a model containing scalar leptoquarks. When constraints arising from the observed $b \to s \gamma$ transition and the upper limit on $D^0 - \bar{D}^0$ mixing are taken into account, we find no significant contributions of new physics to the $s \to d \gamma$ process.