Forcing Fast V-sync breaks cinematics/cutscenes

Quite the simple issue that I’ve found others having but with no solutions. Having “Fast” selected under “Vertical Sync” in Nvidia Control Panel>Manage 3D Settings breaks cutscenes/cinematics, leaving a black screen with only your cursor that you have to press escape to get out of.
Steps to recreate the bug:

  1. Have any setting other than “Fast” selected in the Nvidia Control Panel
  2. Launch the game, wait after the loading screen, intro cinematic plays
  3. Turn off the game, change v-sync to “Fast” and apply
  4. Launch the game, wait after the loading screen, intro cinematic never plays, black screen only
  5. Press Esc to get to the main menu.