SNB’s Moser says ending LIBOR will not affect monetary policy

SNB deputy governing board member Moser out on the wires 22 Sept
– LIBOR ( London Interbank Offered Rate) benchmark now in serious jeopardy but moving away from it will not affect SNB’s ability to carry out mon pol
Eh ? I thought it was "market participants" that abused LIBOR in a number of countries and created the need for re-assessment.