Regsvc.exe is Windows Remote Registry Service and is a process file of Microsoft.
Its purpose is to allow access to the registry of remote computers.
RegSvcs is a legit Microsoft process. BUT, it can also be a Trojan/malware in disguise.
I don't have enough experience in this subject matter. I can only offer suggestions :
1. To make sure it is not a malware, go to Safe Mode and run a full scan.
2. If your computer is a stand alone home pc, then you can safely disable it........Go to msconfig > Startup tab > UNcheck RegSvcs.exe.
3. I don't know if you need it at all. It can be deleted by......................
Regedit > HKEY_CURRENT_USER\Software\Microsoft\Windows\CurrentVersion\Run > find regsvcs > if found, delete it.