The option allows disabling just the warning about non-throwing exception specification in function signature instead of disabling all c++1z compatibility warnings with -Wno-c++1z-compat.
I'm not sure "-Wc++1z-compat-exception-spec" sounds right.
Maybe -Wc++1z-compat-mangling, -Wc++1z-mangling, or -Wc++1z-compat-exception-spec-function is better?
rdar://problem/32628743