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Switch to transaction side.
With regulatory work, you may be straddling advisory and disputes, but typically in one industry / sector, and often you will do advisory work and some BAU documentation.
So, someone who works in insurance, will know the regulations which impact policies but someone doing insurance M&A should immediately know how insurance M&As are structured.
Someone who does Fintech work, should know how payment aggregator or gateway documentation works or how PPI instruments work or how some of the newer RBI's fintech guidelines and limitations will impact the sector. But someone who does transactions work doesn't need to know any of this until there is a deal and then they will work during the deal to get an overview of it while undertaking due diligence. The firm advising the company or exiting shareholder won't even know this unless some issue is flagged for discussion.