Regulator wiring

Dumb question....

I am running an internally regulated power master or something alternator, and the factory wiring harness is taped off to the side.

I need to move my firewall mounted regulator to mount my hydraulic clutch reservoir, but can I just omit it completely at this point, do those two wires have any other impact other than the now unused factory alternator wires?

Does it have anything to do with my coil wire (stock coil hot) in any way?