The regulation.bin file is to enable the invisible neck flag for the Mask of Confidence. If you don't want the Yharnam Shadow armor to replace the Preceptor's set you need to replace an armor set that makes the entire player character invisible, otherwise it'll clip.
A warm welcome, I've been watching your modding work and am impressed. I have a question and that is, are you perhaps planning to make a mod for Elden Ring where you can play Jessie Rasberry? I've been looking everywhere for something like that and I can't figure it out myself unfortunately :(
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If you don't mind, could you make a helmet and armor that the enemy hailgtree knights uses?
I tried to make it myself using yabber and flaver editor, but it was not enough...
I'd thankful it if you could do it when you have time.
As for the Charred Hunter set, no.