Texture Warp Bug In Island Sanctuary

Date & Time: Always
Frequency: Always
World name: Balmung
Character name: Trevoix Fateweaver
Class/Level: GNB90, ASTmid-60s and 70s, etc etc
Party or solo: Solo
In-game time: Always
Area and coordinates: Island Sanctuary (22.5,25.9 ; 24.4,26.9 ; 30.1,28.6 ; 25.8,19.5 ; MANY others)
Object: All brown/grey stone surfaces
Steps:
1. Load into (either manually via Moraby or via duty return, etc) Island Sanctuary
2. Approach any similarly textured rocky surface
3. Move the camera with said surface in shot, note the warping at the edges of the rock

All stone surfaces in the Island sanctuary have a texture warping effect that occurs at specific camera angles and movements. In the following video, please observe the stones on the left side and see how the texture constantly warps in motion.
This is occurring for my friends as well, so isn't isolated purely to me.
Please view the link here: https://www.youtube.com/watch?v=L06lNZi9gD0 for a visual display of the bug in question, provided by one of above said friends.

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