LONDON, Aug 3 Reuters European Union banks39; plans for surviving a major crisis without having to tap central bank money will undergo intense scrutiny next year, the bloc39;s banking watchdog said.

The need for credible options was reinforced after the Swiss central bank stepped in with a liquidity backstop for Credit Suisse in March, before it was taken over by rival UBS.

The European Banking Authority EBA said on Thursday that it will begin checking next year whether national regulators are testing the assumptions banks have on finding liquidity after a collapse, particularly in light of the potential speed of deposit withdrawals, a crucial element that emerged in the context of the recent crisis event in the US and Switzerland.

The rapid evaporation of liquidity was also highlighted by the collapse of Silicon Valley Bank in the United States and has already prompted global banking regulators to review the liquidity requirements for banks on a daytoday basis.

Liquidity refers to readily available cash or shortterm debt with a ready buyer to fund a bank39;s daytoday operations without having to sell assets.

The EBA on Thursday published findings from its first report looking at how regulators across the 27country EU apply 39;resolution39; rules introduced after the global financial crisis to avoid taxpayer bailouts of banks.

Resolution can mean closing down a bank smoothly and transferring key activities like deposits to a solvent lender, or mounting a recovery by…