The article briefly substantiates the need for regular monitoring of the state of the waters of the Russian Arctic Seas and the Arctic Basin of the Arctic Ocean. The goals and objectives of monitoring hydrological conditions are formulated. General ideas about the development and construction of a system for monitoring hydrological conditions in the Arctic are expressed, taking into account the use of modern instruments and methods of oceanographic observations. It is shown that the most promising is the use of autonomous measuring complexes in the monitoring system, including moorings and drifting profiler buoys. The special value of satellite oceanographic data is emphasized. No less important are coastal observations carried out over the network of Roshydromet stations, as well as at research centers united into the Arctic Space-Distributed Observatory. The inclusion into this Observatory of the ice self-propelled platform “North Pole”, which will replace the drifting stations, will allow not only observing and measuring the main characteristics of the water masses, but also conducting controlled field experiments that will provide a deeper understanding of different-scale physical processes occurring in the waters of the Arctic Ocean. An important element of the monitoring system is data assimilation based on the use of numerical models that allow for the effect of the ice cover in the atmosphere-sea ice-ocean interaction system.